A Utah Supreme Court decision reinstating a $145-million punitive damages award against State Farm Mutual Automobile Insurance Co. in a...
Government News
Commercial insurers face a potentially untenable situation if the federal government fails to pass legislation that would help cushion terrorism...
A vote by the House Financial Services Committee last week to approve legislation to aid insurance consumers following future terrorist...
Liberty Mutual Group announced that policyholders of Liberty Mutual Insurance Company and Liberty Mutual Fire Insurance Company have overwhelmingly approved...
Lloyd’s of London reached an agreement with the New York Insurance Department in conjunction with the National Association of Insurance...
The National Association of Independent Insurers (NAII) is urging the National Conference of State Legislatures (NCSL) to support a model...
The National Association of Insurance Commissioners recently adopted the Special Purpose Reinsurance Vehicle (SPRV) Model Act. The act will provide...
In one of the nation’s biggest personal injury verdicts related to mold, a Sacramento jury has awarded a local family...
The basic principle of surplus lines insurance dictates those insurers should be free to exclude coverage for any risk–including mold–so...
A.M. Best Co. expects the property/casualty industry to incur upwards of $121 billion in net asbestos and environmental losses, according...