Property-casualty insurance products are more state-specific than life insurance products and "might call for differing regulatory approaches" on the issue of federal chartering, a Treasury official s
The Texas Supreme Court has reversed a previous appellate ruling in Northern County Mutual Insurance Company v. Timoteo Davalos, which addressed duty to defend when venue disputes arise between
A Connecticut judge has granted class-action status to a lawsuit accusing Travelers Property Casualty of violating the state's unfair trade practices act when dealing with claimants who agree to
Despite the recent failure of a bill to protect the rights of homeowners who have suffered losses due to natural disasters, California Senator Martha Escutia has reintroduced components of the
Despite the recent failure of a bill to protect the rights of homeowners who have suffered losses due to natural disasters, California Senator Martha Escutia has reintroduced components of the
Top-flight risk managers are not one-trick ponies. Historically, they have confined themselves to property and casualty risks. They did not touch areas like accident and health benefits, life
Significant increases in material and labor expenses have pushed reconstruction costs in the state of California to an all-time high, according to recent research from Castle Data Services, a
During the second quarter of this year, six catastrophes affecting 23 states are expected to cost United States property and casualty insurers $1.65 billion for insured property loss claims,
At least 500,000 more asbestos injury claims are expected in coming decades even as resources to compensate victims dwindle, with asbestos lawsuits having already forced 78 firms into bankruptcy, an a
Assurex Global Partners commercial insurance brokerage group has named Paul J. Hering chairman, succeeding Gregory S. Belton, who is completing a two-year term in the ...