Automobile insurance-related issues continued to dominate legislative enactments in 2005, according to an analysis by the National Association of Mutual Insurance Companies.
In early April, two senators introduced a bill that would establish a federal program of insurance regulation that would operate in conjunction with the current state-based system.
Three industry associations have concluded that a recent denial by a Miss. court of a motion for dismissal concerning flood damage in could end up being a silver lining to a lingering issue about flood versus wind.
FEMA is recommending that substantially damaged homes and businesses protected by levees be elevated by three feet, or follow what is shown on the current effective flood insurance rate map.
Last month, the Consumer Federation of America accused Geico of adopting unfair rating practices by basing auto insurance eligibility and premiums on educational background and occupations of consumers.
Claims News Service, Apr. 25, 2:09 p.m. EDT -- The Independent Insurance Agents & Brokers of America's (the Big "I") National Board has nominated Robert E. Fulwider as the association's
U.S. insured losses from storms this year have a 5 percent chance of exceeding the Hurricane Katrina $38.1 billion total in 2005, a catastrophe modeling executive warned at an industry conference yes