According to global reinsurer Swiss Re, natural and man-made catastrophes triggered total economic losses of around $40 billion in the U.S., putting property/casualty insurer losses worldwide at $15
Florida's Department of Financial Services recently stated that the maximum fee public adjusters can charge for tornado victims in affected counties is capped at 10 percent of the claim payment. In
Florida's Department of Financial Services recently stated that the maximum fee public adjusters can charge for tornado victims in affected counties is capped at 10 percent of the claim payment. In
Severin Yelaun of Framingham, Mass. was convicted by a federal trial jury on 26 counts of mail fraud, one count of health-care fraud, one count of conspiracy, and one count of conspiracy to commit
According to Best, even with weakening business activity, inflation and dollar difficulties have the potential both to frustrate the Fed's effort to suppress interest rates and to push long-term inter
Prior to serving in the administration, the new commissioner worked for Essie Consulting Group. In addition, he was a lead policy advisor for members of the joint committee on finance during three bie
The 32-page research brief, "Traffic Accidents--A Growing Contributor to Workers' Compensation Losses" also said that vehicle accidents are more severe than the average workers' comp claim, comprising
The U.S. property/casualty industry posted a $24.4 billion net gain on underwriting through nine months as a result of the decline in catastrophe losses in 2006. The figure stands in stark contrast
"Looking forward to 2007, the atmosphere of relief is almost tangible as the market takes advantage of the current respite [from heavy catastrophe losses] and works to apply the hard learned risk mana
A law school study released today contained encouraging news for directors and officers liability insurers with a finding that securities class actions alleging management misconduct hit a record low