Trusted Choice survey shows consumers remain underinsured for major life, work events At least 32 million U.S. households own insurance policies that aren’t right for them, a new national survey conducted by independent agents’ Trusted Choice has found. The survey …
The property/casualty insurance industry reported a statutory rate of return on average surplus of 9.5 percent through the first nine months of 2005, marginally below the 10.5 percent average return recorded during calendar year 2004. The results were released by …
A Navy plan to pay Gulf Coast shipbuilders about $1.7 billion for losses related to damages and construction delays from Hurricane Katrina may overstate the actual costs and could dampen efforts to collect insurance payments, according to a Congressional report. …
In a new analysis of the $140 billion asbestos trust fund scheme included in S. 852 which was reported out of the Senate Judiciary Committee, the Congressional Budget Office raises doubts over whether the trust fund created will have sufficient …
A new report from Harvard Medical School refutes the common assumption that computer use causes carpal tunnel syndrome. Instead, says this report edited by Harvard-based hand experts, carpal tunnel syndrome is caused by the compression of the median nerve in …
The restaurant marketplace is becoming more complex than ever with food safety, marketing dominance by the chains and globalization on the minds of owners. Also, frivolous lawsuits against restaurants abound, so it behooves restaurant owners to take notice of the …
Right before going home for the holidays, Congress reconciled different House and Senate versions and approved an extension of the federal terrorism reinsurance program in the form of the Terrorism Risk Insurance Revision Act of 2005. This extension of the …
With tales of survival few and far between, health ministry officials in Indonesia have now said the death toll in that country from last Sunday’s killer earthquake and tsunamis has topped 94,000. With those recently released figures, officials now report …
Nashville, Tenn.-based Bankers Insurance Group bought Mann, Smith & Cummings of Clarksville from the Synaxis Group, also of Nashville. The purchase brings Bankers annual premium revenues to $20 million. Mann, Smith provides commercial insurance to small businesses and personal lines …
The Charleston, S.C. office of American Mutual Fire Insurance Co. has closed its offices here due to efforts of its British parent, Royal & Sun Alliance Insurance to reduce losses in the United States. During its heyday, American Mutual had …
