In Hialeah, Florida, which is near Miami, the OIR said that such a policyholder would pay $4,225.36 for coverage if he were a mechanic with no high school diploma. If the same individual were an engin
WASHINGTON--A federal lawmaker who is one of the insurance industry's most vocal critics in Washington suggested at a Congressional hearing today that insurers with Hurricane Katrina claims had cheated
Before a federal judge threw a monkey wrench into the process, some insurance groups expressed hope that the proposed State Farm class-action agreement to settle water-related Hurricane Katrina
That's the view of the insurance industry given the state's new property insurance law, which industry groups argue will put the onus of recovery on the backs of the state--and by extension
Richard Bouhan, executive director of the National Association of Professional Surplus Lines Offices, wrote Congress members that "NAPSLO stands ready to do whatever is necessary to pass that legislat
Richard Bouhan, executive director of the National Association of Professional Surplus Lines Offices, wrote Congress members that "NAPSLO stands ready to do whatever is necessary to pass that legislat
More California workers are returning to work after being injured on the job, due in part to the state's reforms to the workers' compensation system, according to the California Division of Workers' C
WASHINGTON--Treasury Secretary Henry Paulson's remarks yesterday that the Bush administration will consider the optional federal charter concepts for insurers were hailed by industry proponents of the
Echoing the criticism of their counterparts in the primary market, the Reinsurance Association of America is voicing concerns Florida's new property insurance law will eventually be costly to taxpayer
"We have heard the calls for help from Floridians suffering from high insurance rates," Gov. Crist said. "With this legislation, the powerless have become the powerful, and the credit goes to the peop