What may not be apparent to insurers are the myriad ways in which persistently high fuel prices affect consumer decisions and behavior that directly impact both the severity and frequency of auto insurance claims.
With Hurricane Irene bearing down on the Northeast this weekend the National Association of Insurance Commissioners has decided to cancel its Summer National Meeting in Philadelphia.
Hurricane Irene is expected to be a multi-billion dollar event for the insurance industry, says Robert Hartwig, president of the Insurance Information Institute.
A changing workforce, rapidly evolving technology and medical-cost-containment issues are the biggest challenges, and opportunities, that will face the workers comp market as it enters its second century.
A Maryland man detained in Aruba in the presumed death of his travel partner had an accidental-death insurance policy on her for $1.5 million and sought to claim the money two days after reporting her missing.