Markets/Coverages News

NJ Allows State Farm 7% Rate Raise

New Jersey’s Department of Banking and Insurance reached a compromise agreement with State Farm Indemnity, the State’s largest automobile insurer,...

WTC PROPERTY CLAIMS RISING

Property insurance claims from the Sept. 11 attacks are worth $16.6 billion and rising, according to the first estimate from...

ACE USA ASKS FOR EXCLUSION

Philadelphia-based Ace USA is seeking permission from the Washington State Insurance Commissioner to exclude acts of terrorism from the policies...