P/C Insurers Cautious About Adopting New RMS Hurricane Model May 10, 2011 By Andrew G. Simpson Property/casualty insurers appear to be in no rush to adopt a controversial revised catastrophe model that dramatically raises certain estimates...
P/C Insurer Failures in 2010 Unrelated to Catastrophes: A.M Best May 10, 2011 The majority of the 11 financially impaired property/casualty companies in 2010 got into trouble primarily due to deficient loss reserves...
Most Without Insurance Do Not Pay Hospital Bills: Federal Report May 10, 2011 Few families without health insurance have the financial assets to pay potential hospital bills. On average, uninsured families can only...
Brown Named Chief Marketing Officer for Starr Companies May 10, 2011 Leilani Brown has joined Starr Companies as vice president and chief marketing officer. In this role, she will oversee the...
Pennsylvania House OKs Workers’ Comp Changes May 10, 2011 By Kenneth J. St. Onge Pennsylvania House lawmakers have approved new legislation that would allow insurers to write workers’ comp coverage to owners and principals...
Court: Navy Not Liable for New Jersey Sailor Killed in ’07 May 10, 2011 A federal appeals court has ruled that the government doesn’t have to pay the family of a New Jersey sailor...
Pennsylvania Diner Co-Owners Charged with Torching Building May 10, 2011 Two central Pennsylvania diner owners allegedly set fire to the business to collect insurance money because of financial problems. East...
Florida’s Acentria Acquires Stant Agency May 10, 2011 Destin, Fla.-based Acentria reported it has acquired The Stant Agency. The office will remain in Crestview, Fla. Wes Stant, commercial...
Treasury to Name Federal Insurance Advisory Committee May 10, 2011 The Treasury Department has announced it will create a Federal Advisory Committee on Insurance. The committee will provide advice to...
U.S. Appeals Court Hears Arguments Over Healthcare Mandate Today May 10, 2011 By Jeremy Pelofsky and Lisa Lambert Lawyers for President Barack Obama go to court Tuesday to try to save the cornerstone of his healthcare overhaul, arguing...