Four of six top official recipients from the Midwest Insurance-related contributors to this year’s midterm Congressional races are favoring Republicans 2-to-1 over Democrats while the overall total given by insurance interests appears down from two years ago. According to the …
“I am honored to continue serving as Commissioner of Insurance and I am committed to protecting our consumers and keeping the dialogue going with insurance companies to let them know Louisiana is a great place to do business.” –Louisiana Commissioner …
There is continuing evidence that the skyrocketing insurance rates of 2000 to 2003 have led to record industry profits, but commercial insurance rates have stabilized or dropped in almost every sector, including medical malpractice, according to an analysis of the …
Retaliation claims have been on the rise for more than a decade. According to the U.S. Equal Employment Opportunity Commission, only 15.3 percent of the charges of discrimination filed with the agency in 1992 alleged retaliation. By 2005, retaliation claims …
Why government should require insurance policies to declare what is NOT covered I have introduced legislation in the U.S. Senate to make future insurance policies easier for consumers to understand. The “Honesty is the Best Insurance Policy Act” calls for …
41% The Hartford Financial Services Group Inc. reported record third quarter 2006 net income had risen 41 percent over the same quarter in 2005. The group had net income of $758 million, or $2.39 per diluted share. The Hartford’s core …
A judge has ruled that former New Mexico Insurance Superintendent Eric Serna and his former deputy must appear for depositions in a lawsuit that contends a Santa Fe couple paid too much for title insurance. Serna and Joe Ruiz did …
A fundamental problem exists with insurance scoring. The problem is that insurance scores and credit scores reflect correlation, but correlation does not necessarily indicate dependency upon which effective decisions can be made. For example, there may be a relationship between …
$100 million Chicago-based Aon Corp. announced that it has taken further steps to exit its property and casualty business by signing a letter of intent for the sale of its Construction Program Group (CPG). Aon also announced that it will …
A mediation program launched by the Alabama Department of Insurance following Hurricane Katrina is bearing fruit, says Commissioner Walter A. Bell, pointing to a 90 percent success rate. “Once the mediation conference is set up, 90 percent of the cases …
