Randy Phebus, food microbiologist and professor of food safety and security at Kansas State University, didn’t get much of a response when he first proposed the idea of a new lab that would aim to protect the nation’s food supply. …
Some of the lawyers who helped negotiate a proposed settlement affecting some 36,000 claims with State Farm Insurance Cos. over Hurricane Katrina damage have withdrawn their request for a federal judge to approve the multimillion dollar deal. The proposed settlement …
State fraud bureaus are delivering record results in combating swindles, but the positive figures may mask deeper weaknesses in some areas of performance, says a study of 47 state agencies by the Coalition Against Insurance Fraud. “For the most part, …
The New Mexico legislature has passed a bill that would establish a file and use rate regulatory system for most personal lines of insurance. The Insurance Rate Regulation Law, SB 483, applies to all kinds and lines of direct insurance …
Why don’t directors and officers insurers insist on corporate governance reform from their insureds as a precondition of coverage, the way property and workers’ compensation insurers condition their coverage on loss prevention measures? This perennial question is examined in a …
Former agent and technology guru provides tips on working the Web Technology expert Steve Anderson of The Anderson Network Inc., a licensed independent agent for the last 25 years, began his presentation to the Independent Insurance Agents of Texas conference …
The 2006 Atlantic hurricane season came and went with barely a blip — despite initial projections by some that there would be two to five major hurricanes that year. How could insurance industry predictions be so wrong? They weren’t, according …
Advocates say the coverage still vital to national security and a long-term solution is needed Insurance industry advocates urged Congress yet again to continue with a federal government role in terrorism risk insurance and to examine long-term solutions before the …
The Chicago Mercantile Exchange is launching contracts that will allow insurers and others to hedge risk against hurricane damage. The exchange, a unit of CME Holdings Inc., is teaming up with Carvill Group, a reinsurance intermediary that will calculate the …
Most Americans are not prepared to deal with the possibility of becoming disabled and, in turn, unable to work, according to new research by the National Association of Insurance Commissioners (NAIC). More than half (56 percent) of U.S. adults say …
