When grappling with a designated-premises endorsement of a commercial general liability policy, claim professionals must consider both the nature of the insured's premises and the nature of the insured's business, which are not necessarily the same.
Virginia Attorney General Kenneth Cuccinelli has won a chance to get a hearing on arguments that new federal health coverage ownership rules are unconstitutional.
There may still be individuals and businesses whose claims may not be paid or fully satisfied. These parties will likely then turn to their insurance policies for compensation. The FC&S staff analyzed how various lines of business could respond.
The Deepwater Horizon oil rig explosion and spill is not a "watershed" event for the property and casualty industry despite an expected $4-to-$6 billion in commercially insured losses, Towers Watson said.
From the initial first notice of loss through to the final payment, insurance agents play many vital roles in the claim process. Here is how they can help adjusters with the process.
Ethics violations against Rep. Charles Rangel, D-N.Y., include a charge that he solicited and won a $5 million grant from a foundation then associated with American International Group to create an educational institute that bears his name.
A bill before Congress that would tax offshore reinsurance premiums would benefit the three major global insurance brokers if passed, a financial analyst said in a note today.
Just before taking a month-long recess, the House once again opted not to act on legislation that would add windstorm coverage to the National Flood Insurance Program.
Fire officials expect to have control over two major wildfires burning in California by the end of this week, but neither incident should amount to catastrophe claims, an insurance association representative said.