The National Association of Insurance Commissioners released an updated version of the 2007 market share premium data for the top 25 insurers of select property/casualty lines of business. The report includes countrywide direct written premium for the top 25 groups …
Some call it ‘double taxation;’ others easy money Indiana recently became one of the first states in the country to pass legislation prohibiting the practice of municipalities charging fees for accident response runs, when Senate Enrolled Act 81 was sent …
Dozens of New Jersey doctors could soon be personally liable for settlement payouts now that state officials have declared insolvent what once was the state’s largest malpractice insurance company. The insurer, Medical Inter-Insurance Exchange, has been in bankruptcy for six …
The National Association of Insurance Commissioners released an updated version of the 2007 market share premium data for the top 25 insurers of select property/casualty lines of business. The report includes countrywide direct written premium for the top 25 groups …
Massachusetts officials will conduct a public hearing on April 3 to consider an industry request for an average 2.3 percent increase in workers’ compensation rates. The Workers Compensation Rating and Inspection Bureau of Massachusetts, which represents insurers, submitted its filing …
Nine insurance companies should cover the costs assessed to the former Appleton Papers Inc. for cleanup of the industrial chemical PCBs in the Lower Fox River, a jury decided Monday. After a five-week trial, the jury took just four hours …
Insurance companies have agreed to pay $165 million (euro104.63 million) to settle lawsuits brought by relatives of those killed in a 2000 plane crash in the Philippines, lawyers for the families said. The families of about 100 of the 131 …
Max Specialty Insurance Company, of Richmond, Virginia, the U.S. excess and surplus lines unit of the Bermuda-based Max Capital Group Ltd., announced that it has agreed to acquire a U.S.-based admitted insurance company licensed to write business in all fifty …
The U.S. workers’ compensation insurance business is not for the faint of heart, according to an article published by Standard & Poor’s Ratings Services. The article, titled “Weakening Rates Could Squeeze U.S. Workers’ Comp Insurers Later This Year,” says the …
In 2007, Texas insurers recorded one of their most profitable years of the decade, prompting some consumer advocates to call for tougher state regulation on homeowner rates. Financial reports released by the Texas Department of Insurance indicated most companies had …
