Nearly six in 10 large and mid-sized U.S. businesses obtained insurance to cover property terrorism risks during 2005, a dramatic increase from the 2003 average of 27 percent and up from 50 percent in 2004. A report from insurance firm …
News Currents Nearly six in 10 large and mid-sized U.S. businesses obtained insurance to cover property terrorism risks during 2005, a dramatic increase from the 2003 average of 27 percent and up from 50 percent in 2004. A report from …
More than a decade ago, law firms specializing in construct defect litigation sprang up in California and the West. Construction defect cases in the building industry became all too common, and construction insurance claims and premiums skyrocketed. Most of the …
Hurricanes Katrina and Rita exposed many misconceptions and misunderstandings that consumers had, or claimed to have had, with respect to their insurance coverage for hurricane related damage. The aftermath of these two hurricanes also revealed that some insurance professionals are …
Actions and Proceedings Brannon v. Continental Casualty Co. (Alaska court, June 9, 2006, Unpublished) Ruling: The trial court had dismissed the injured party’s action against the insurer based on statute of limitation grounds. The injured party previously had been assigned …
Actions and Proceedings Brannon v. Continental Casualty Co. (Alaska court, June 9, 2006, Unpublished) Ruling: The trial court had dismissed the injured party’s action against the insurer based on statute of limitation grounds. The injured party previously had been assigned …
Nearly 7,000 Alaskans will lose their earthquake insurance as their policies come up for renewal. Allstate Insurance Co. is cutting its optional earthquake coverage nationwide, and will drop this plan as policies come up for renewal, said Caitlin Gorand, spokeswoman …
More than a decade ago, law firms specializing in construct defect litigation sprang up in California and the West. Construction defect cases in the building industry became all too common, and construction insurance claims and premiums skyrocketed. Most of the …
Oregon’s Experience: Addressing credit scores, health care and disclosure Insurance Journal’s Andrew Simpson at a recent meeting of the National Association of Insurance Commissioners. Here are additional thoughts Administrator Ario shared. I understand that the main issue that you’re involved …
One year after Hurricane Katrina, the insurance industry says that nearly 95 percent of homeowners insurance claims have been settled. Insurance companies have paid billions in storm damage claims, and the vast majority of homeowners in both states say they …
