Insurance News from May 25, 2005
National News
NAMIC: Statutory Remedies to Curb Fraud Abuse Spreading Across U.S.
To combat insurance fraud that costs consumers an average of $200-300 per year, 40...
International & Reinsurance News
Lloyd’s Kinnect Platform Wins Two ACORD Awards
Kinnect, the electronic platform develped by Lloyd's, which securely exchanges risk...
East News
AIG Staring at Possible Formal Action
The Wall Street Journal reported Wednesday that New York State Attorney General Eliot...
West News
Los Angeles Area Quake Could Result in 7,600 Dead, Major Property Damage
Potential earthquakes on the Puente Hills fault beneath the Los Angeles area could...
Southeast News
W. Va. OKs Decreases in Westfield Insurance’s Auto, Homeowner Rates
A request by the Westfield Insurance Company for a 7.7 percent decrease in private...
Texas / South Central News
La. Producer Accused of Taking More Than $250K in Company Funds
A Tangipahoa, La., insurance producer received a cease and desist order from the...
Midwest News
With No Major Surprises, Iowa Legislature Ends on Positive Note
Pleased with no last minute surprises to insurers, the Property Casualty Insurers...