North Carolina Insurers Seek Rate Hike on Dwelling Fire Policies January 5, 2011 North Carolina insurers are looking to raise rates from 7 percent to 25 percent, or an average 20.9 percent statewide,...
Year-End Storms Cloud P/C Insurers’ Profit Picture January 5, 2011 By Ben Berkowitz U.S. property insurers like Travelers Cos. Inc. and Chubb Corp. were expecting a relatively mild fourth quarter for catastrophe losses,...
Insurers To Pay New York $120M for Premium Overcharges January 4, 2011 New York officials say four insurance groups have agreed to pay a total of about $120 million in excess workers’...
Mapfre Global Risks Is Lead Insurer for Spanish Satellite January 4, 2011 MAPFRE GLOBAL RISKS is the leading insurer for the Spanish satellite of the communications operator HISPASAT, H1E, which was launched...
P/C Insurers Improve Personal Lines, Investment Results in Q3 January 4, 2011 The U.S. property/casualty industry generated improved operating results in the third quarter despite competitive market conditions, elevated catastrophe losses, the...
Toyota Says Subrogation By 7 Insurers for Acceleration Claims Is Meritless January 4, 2011 By Steve Gorman Seven automobile insurance firms have followed Allstate Insurance Co. in suing Toyota Motor Corp. to recover money they paid in...
Report: Some Insurers ‘Low-Balling’ Auto Insurance Claims for Bodily Injury December 29, 2010 Some insurance companies that use computerized systems to process their claims are making unfair, “low-ball” claims offers to people injured...
Rates Rising But Florida Home Insurers Report Still Losing Money December 28, 2010 Many Florida homeowners expected relief from the higher property insurance bills that followed the busy 2004 and 2005 hurricane seasons....
Michigan Township’s Fight Over Cottage Costs Insurer, Taxpayers December 28, 2010 The resistance by one community in Michigan’s rural Thumb to a couple’s plans to renovate the Lake Huron shoreline cottage...
Insurers’ Recent Success a Milestone in a Year of Chinese Drywall Litigation December 23, 2010 A federal judge in Louisiana recently let 10 insurance companies being sued by Louisiana homeowners over property damage resulting from...