Earthquakes. Mudslides. Electricity and water shortages. The Los Angeles Clippers. California has its share of problems, no doubt. But there’s at least one thing going right in the Golden State. In 1975, California passed the Medical Injury Compensation Reform Act …
Agents, insurers and politicians may never agree on how to handle credit-based insurance scoring, but last November the National Conference of Insurance Legislators (NCOIL) passed out of its property/casualty committee a consensus model bill to regulate the use of credit …
They’re baaack. High-flying medical malpractice liability claims losses, that is. The availability crisis of the 1970s and the affordability crisis of the 1980s may be nothing compared to the crisis insurers and doctors face this time around. Almost 8 percent …
Chicago-based Near North National Group owner Michael Segal will sell his firm’s insurance brokerage operations to Frontenac Co., a private equity investment firm also based in Chicago. Segal, under federal indictment for insurance fraud, mail fraud and racketeering, signed a …
