Newsbriefs

ROUGH ROAD FOR COMMERCIAL LINES

Fitch Ratings reports that the commercial line and reinsurance sectors of the domestic property and casualty industry faces greater uncertainty...

GAINS DOWN FOR P/C INSURERS

Property and casualty insurers suffered a staggering $6.6 billion decline in investment gains during the first six months of 2002,...

INSURER IN RECEIVERSHIP

Oklahoma Insurance Commissioner Carroll Fisher obtained a temporary court order placing Fairway Employment Services into receivership. According to the insurance...

ECONOMIC FACTORS FUELING P/C RATES

Economic factors such as rapidly increasing claims costs, not some alleged conspiracy aimed at taking advantage of the American public,...

AWARD SLASHED IN MOLD CASE

The Third Court of Appeals in Austin found that Farmers Insurance Group had both acted in bad faith and violated...

INSURERS ASKED TO JUSTIFY RATES

The Texas Department of Insurance (TDI) sent letters in December to the top 10 companies writing homeowners insurance in Texas...

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