More than 730,000 people in the United States filed compensation claims for asbestos-related injuries from the early 1970s through the end of 2002, costing businesses and insurance companies more than $70 billion, the RAND Corporation reported. Claimants have received about …
More than 730,000 people in the United States filed compensation claims for asbestos-related injuries from the early 1970s through the end of 2002, costing businesses and insurance companies more than $70 billion, the RAND Corporation reported. Claimants have received about …
Summer is upon us, and in the insurance world, that means its prime time for meetings and conventions. Attending meetings and conventions is a great way for insurance professionals to get together, network with peers, gain industry insight and knowledge, …
There is not one statute in the entire Insurance Code of California that authorizes the insurance commissioner to adopt a proposed set of homeowners’ insurance regulations submitted to the Office of Administrative Law on April 26, according to The Personal …
Hospitality and Leisure Companies Nuts & Bolts: Schaumburg, Ill.-based commercial P/C insurer Zurich North America launched a new coverage endorsement aimed at combining coverages for limited-service, full-service and resort companies in the hospitality and leisure industries. The new offering bundles …
States with meaningful tort reform are seeing stabilization in the medical professional liability arena from three years ago. Despite the decrease in claims frequency, however, severity persists and insurers must maintain adequate pricing and reserves going forward, panelists told the …
This is not a tsunami “watch.” This is a tsunami warning. The waves have already swept over the closest beaches, so we know they are coming. It’s too soon for casualty reports, but some mighty big places were hit very …
Fortune 1000 companies’ auditing costs have increased by $1.4 billion collectively so far, and much of this increase is in response to the corporate governance act known as Sarbanes-Oxley, according to University of Nebraska at Omaha researchers. The insurance industry …
The medical malpractice market in Washington state has improved immensely in recent times, but the debate about tort reform is just getting started. Competing initiatives will be in front of voters this fall with the trial lawyers on one side …
Twig Branch Seattle, Wash.-based Physicians Insurance A Mutual Company has announced that Rodney A. Pierson has been named senior vice president, CFO and treasurer. Pierson’s long history in finance includes his recent executive role with Shurgard Storage Centers Inc., and …
