If the novel COVID-19 pandemic is brought under control soon, the disease’s impact on the insurance industry as a whole may be pretty much a wash. If not, the industry may be on the verge of an historic catastrophe. A …
Maltman International Appoints New Executive General Adjuster Maltman International, a claims management provider based in Toronto, has appointed Brian McCulloch as executive general adjuster. McCulloch has been active in the Canadian market for 40 years, with experience on the carrier …
Most state workers’ compensation laws, or cases construing them, allow the employer and its carrier to waive its right to subrogate against a third party that caused or contributed to an employee’s injury. The purpose of a subrogation waiver is …
Seven insurers have sued the Los Angeles school district to avoid paying a $30 million settlement to 58 alleged victims of child abuse at an elementary school. The insurers claim there was no relevant coverage under the policies, but the …
The U.S. Chamber Institute for Legal Reform (ILR) today released a study by NERA Economic Consulting showing that the U.S. has the world’s most costly legal system as a share of its economy. The study compared liability costs as a …
The vast majority of commercial insurance buyers renewing their policies appear willing to accept coverage adjustments, moderate price increases, or both, according to a new survey. Still, the survey of risk managers and other corporate insurance buyers by Hanover Stone …
Costa Mesa, CA, 03/06/12 – Aces Commercial Insurance Services, a leading GA/Wholesale brokerage specializing in general liability markets, announces the launch of a new online, rate, quote, & bind program. The new program is already in effect and has been …
ISO, a provider of property/casualty insurance risk information, has launched the ISO Casualty Index, a new service providing loss ratio and loss development trends for select lines of casualty insurance. The Index is based on statistical data collected from more …