Newsbriefs

FLA. CFO WANTS TO EXPEDITE PAYMENTS

New legislation to expedite the rebuilding process for hurricane victims has been suggested to the Florida Legislature by Tom Gallagher,...

S.C. CONSIDERING ASBESTOS REFORM BILL

To avoid the asbestos litigation crisis some states have experienced, South Carolina lawmakers have introduced legislation that will require plaintiffs...

CALIFORNIA CREATES WEB SITE

The California Department of Insurance has launched a new Web site to fight workers’ compensation fraud . The site, accessible...

FARMERS FINED $1 MILLION

Farmers Insurance Group has been fined $1 million following settlement negotiations about how it handled consumer claims. Farmers, consisting of...

WHAT E&S BROKERS PAY

More than three-quarters (77%) of wholesalers and brokers said that firm salaries increased in 2005 compared to 2004. Nearly half...

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