Property casualty insurers have outlined what they term a “market-based” approach to providing terrorism risk insurance. The proposals include repeal of some state laws on fire policies and creation of a national reinsurance pool that would grow as the government’s …
With temperatures soaring in many parts of the country, above-ground pools are an appealing option to beat the summer heat. Inflating a pool for use in the backyard may seem simple enough, but there are insurance and safety implications to …
There are clear opportunities for the federal government to support research into making homes and businesses safer from violent windstorms and to remove barriers to developing hazard resistant construction. That was the message delivered recently to the Senate Committee on …
Workers’ compensation cases with significant unanticipated medical care and costs are most common in California and Texas, and can represent as much as 30 percent to 40 percent of medical costs in most states, according to a new study by …
Two large luxury cars recently earned top ratings in both front and side impact crash tests conducted by the Insurance Institute for Highway Safety. The 2005 Audi A6 earned good ratings and “best pick” designations for its performance in both …
A Pennsylvania court has ruled unconstitutional a key component of tort reforms enacted in 2002. Commonwealth Court ruled that a measure that abolished joint and several liability is invalid because it was not germane to the DNA testing legislation it …
Insurers, and especially self-insurers, are seeing positive trends as a result of the workers’ compensation reforms in California, experts on the subject told attendees at the recent Casualty Actuarial Society (CAS) Spring Meeting. Roberta Garland, president, Garland Actuarial LLC, and …
How W. Dale Finke Was Selected a Matter of Controversy Dale Finke doesn’t see what all the fuss is about. When Missouri’s Republican Gov. Matt Blunt nominated Finke to be the state’s insurance director back in February, some objected to …
Asked to evaluate insurers in 16 performance categories, agents in the tri-state region of Connecticut, New York and New Jersey rated 14 insurance companies as overall best performers. The winners, in no particular order, for overall best included: Progressive, Atlantic …
California’s Low Cost Auto program may or may not continue, depending on the passage of SB 20 (Escutia), which would extend the pilot program beyond its Jan. 1, 2007, sunset date. The bill was re-referred to the Assembly Committee on …
