About seven months ago, Gov. Charlie Crist signed legislation he said would lower property insurance premiums. It hasn’t quite turned out that way. State officials had promised rates would drop about 25 percent on average because the new law allows …
A fat cat, or dog, may result in fat bills for owners and the pets’ insurer. Veterinary Pet Insurance (VPI), the largest provider of pet health insurance, recently reviewed policyholder data to find that it reimbursed more than $14 million …
An insurer of a so-called “follow form” excess policy is not bound by the decision of a primary insurer to settle a claim, the Massachusetts Supreme Judicial Court has ruled. The state’s highest court ruled that an excess insurer is …
Some California insurers are asking the Legislature to reconsider a proposal that they say will dramatically boost workers’ compensation temporary disability payments to injured workers. The American Insurance Association (AIA) submitted comments to the California Department of Insurance (CDI) on …
A ruling by the Alaska State Supreme Court requiring insurers to re-rate all policies at the very first renewal as if credit information was never considered will have the unintended result of forcing good insurance risks to pay more — …
A fat cat, or dog, may result in fat bills for owners and the pets’ insurer. Veterinary Pet Insurance (VPI), the largest provider of pet health insurance, recently reviewed policyholder data to find that it reimbursed more than $14 million …
odds over rate filings Insurers not delivering rate cuts that politicians promised 8 Southern governors battered by coastal insurance issues Frustrated with lack of private market 10 Liberty Mutual and Ohio Casualty officially tie the knot Now Liberty Mutual has …
A ruling by the Alaska State Supreme Court requiring insurers to re-rate all policies at the very first renewal as if credit information was never considered will have the unintended result of forcing good insurance risks to pay more — …
Two years after Hurricane Katrina decimated the homes of thousands of Gulf Coast residents insurance companies are still systematically denying policyholders fair and just claims payments following this and other natural disasters, a report by the trial bar’s American Association …
Standard & Poor’s Ratings Services has recently completed a survey covering all the insurance and reinsurance companies it rates globally to determine their exposure to U.S. subprime mortgage-related instruments. In its report – “Survey Reveals That Rated Insurers’ Investments Globally …
