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Chubb Announces Retirement of Rees Fletcher, Chairman of Bermuda Insurance Rees Fletcher, chairman of its Bermuda-based insurance operations, will retire on 31 March 2016, bringing to a close a distinguished 27-year career with the company. On January 14, 2016, ACE …

AIA Supports Curbing Physician Dispensed Medications in Pennsylvania’s Workers’ Comp System

The American Insurance Association (AIA) submitted a statement to the Pennsylvania House Labor Committee, in support of legislation aimed at controlling costs associated with physician dispensing of medications under Pennsylvania’s Workers’ Compensation Act. H.B. 1846 would permit physician dispensing only …

Patent Quality Improvements Could be Made by Reviewing Patent Infringement Litigation

From 2000 to 2010, the number of patent infringement lawsuits in the federal courts fluctuated slightly, and from 2010 to 2011, the number of such lawsuits increased by about a third, according to a study conducted by the Government Accountability …

AIA Testifies on Sandy Claims Handling Process in New York

Gary Henning, Northeast region vice president for the American Insurance Association (AIA), testified about the industry’s response to Superstorm Sandy and the lessons learned at a hearing yesterday before the New York Assembly Standing Committee on Insurance. AIA’s testimony emphasized …

Sandy to Test Revamped Federal Flood Insurance Program

Superstorm Sandy is threatening to drag the U.S. government’s debt-ridden flood insurance program back into the political crosshairs just months after Congress attempted to put the controversial program on a sound financial footing. It is unclear if claims from Sandy, …