Americans For Insurance Reform issued a report--"At The Tipping Point: The Homeowner Insurance Mess in Florida & How To Fix It"--asserting that with more carriers leaving the state, others threatening
Ellen Kiehl, assistant executive director of the Professional Insurance Agents of New York, said the MetLife move, coupled with a similar announcement by Allstate two months ago, could create capacity
Donald Powell, federal coordinator for Gulf Coast rebuilding, said that homes and businesses in high damage areas would need one-to-three feet of elevation to meet federal standards and reduce flood r
He said the model changes to be released May 19 should also result in commercial vulnerability curves of about 30 percent and include loss amplification factors such as building supply demand surge an
The Personal Insurance Federation of California and the American Insurance Association also said at a California Insurance Department hearing yesterday in San Francisco that the measures would force i
The court ruling in the case of Liberty Mutual Insurance Co. vs. Land found it only takes a "preponderance of the evidence" and reversed a lower court decision that required proof of fraud by "clear a
The court ruling in the case of Liberty Mutual Insurance Co. vs. Land found it only takes a "preponderance of the evidence" and reversed a lower court decision that required proof of fraud by "clear a
"Chronic deficiencies have likely turned to redundancies for most companies and earnings in 2006 may actually receive a boost from net reserve releases rather than face a headwind from reserve additio