Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].
In its ongoing efforts at improving the flood insurance program, FEMA has launched a National Flood Insurance Program call center pilot program to support policyholders with the servicing of their claims.
Price increases for most insurance lines were in the low single digits, with the largest increase in commercial auto and employment practices liability.
Policyholders were paying his company premiums based on financial ratings, financial audits and insurance regulatory approvals that he fraudulently obtained.