10 The jail sentence in years given a West Virginia woman found guilty of submitting false insurance claims for jewelry. According to state officials, Sherry Kay Peyton, of Williamstown, submitted two separate claims for the same piece of jewelry that …
New Chief Plans a Blog, Statewide Agent Meetings and a Solution for Coastal Property Owners and Insurers On Nov. 4, Democrat Wayne Goodwin won election as North Carolina Insurance Commissioner with 52 percent of the vote, succeeding 24-year veteran Jim …
The economy has been less than stellar lately. Well, duh! You might say. As this edition of Insurance Journal goes to press, it is days before Thanksgiving, a time to reflect and give thanks for the bounty of life. On …
A Lawsuit-Driven System “Our lawsuit-driven system provides little benefit to injured workers and devours financial resources that would otherwise be used to grow our economy and create new jobs.” —Oklahoma State Rep. Mark McCullough says he plans a renewed push …
The economy has been less than stellar lately. Well, duh! You might say. As this edition of Insurance Journal goes to press, it is days before Thanksgiving, a time to reflect and give thanks for the bounty of life. On …
On Nov. 5, 2008, the insurance information firm Advisen issued an updated forecast of insurance losses likely to arise from the credit crisis. Advisen is now estimating aggregate directors and officers, and errors and omissions losses of $9.6 billion, up …
In testimony in mid-November before the House Committee on Financial Services in Washington, D. Cameron Findlay, executive vice president and general counsel of Aon Corp., urged the U.S. Department of Treasury to address what he said is a primary cause …
Multinational Claims Require Knowledge of Culture, Currency and Legal Climate In today’s borderless global economy, claims can arise in just about any part of the world where a company does business. Even small and midsize companies with no physical presence …
Environmental Insurance Delivers the Best Shield of Defense Against Emerging Pollutants The changing character of environmental regulation fits any definition of a moving target. Since the Environmental Protection Agency (EPA) was launched on a wave of environmental consciousness in the …
The financial crisis could cost New York State and New York City 225,000 jobs and $6.5 billion in securities industry-related tax revenue over the next two years, according a report by New York State Comptroller Thomas P. DiNapoli. He suggested …
