Florida Gov. Jeb Bush signed legislation yesterday changing the state statute that made it possible for a party in a multidefendant lawsuit to be forced to pay the total cost of a verdict regardless o
Claims News Service, Apr. 27, 9:46 a.m. EDT -- An AIR Worldwide catastrophe modeling executive is warning property/casualty claim professionals that they face "a five percent chance we'll have losses
Aon said it gave Denmark a second consecutive safety downgrade as a result of increasing threats during the year, even before the worldwide Islamic outrage over a Danish cartoon of Mohammed. Attacks i
Claims News Service, April 26, 3:56 p.m. EDT -- Florida Chief Financial Officer Tom Gallagher's office recently initiated "Operation Spring Cleaning," an effort targeting the arrest of nearly 80
The Conference Group is a leading insurance industry executive-level conference organizer with meetings that include The 18th Annual Executive Conference for Property-Casualty Insurance Industry and
Legislation at the end of 2005, which extended the Terrorism Risk Insurance Act until 2007, included a mandate for the President's Working Group, which operates within the Treasury Department, to exam
Claims News Service, Apr. 26, 1:59 p.m. EDT -- According to the Insurance Council of Texas, a hail storm that struck Central Texas on April 21 is expected to exceed $100 million in insured losses.
HONOLULU--Risk managers face an ongoing battle to make sure their brokers and carriers offer more than lip service in terms of improved service and transparency, leaders of the top commercial buyers gr
Bermuda-based ACE Ltd. has agreed to pay $80 million in restitution and penalties to settle charges of rigging bids on excess casualty insurance and arranging improper "finite reinsurance" transaction
COSS Development Corp. has partnered with CrailHuntly LLC as the exclusive provider to Combosurance of multicarrier composite and single-carrier compliant sales illustrations. Combosurance enables