Last year’s flooding in Thailand is shaping up to be one of the costliest natural disasters in history, with insured losses alone estimated at more than $15 billion. The following is an updated list – NKSJ Holdings, Zurich, RenaissanceRe and …
The Missouri insurance department says it helped consumers locked in disputes with insurance companies recover a record amount of money this past year. The state agency says its complaint resolution employees helped people receive an additional $21 million from their …
The owner of a boat that slammed into a barge at night, killing all five oilfield workers on it, has sued its insurance companies in federal court. Tarpon Rental Inc. says Chartis Specialty Insurance Co. and American International Specialty Lines …
A man who owns a funeral home in Sylva and his wife have been arrested and charged with obtaining property by false pretense. Insurance Commissioner Wayne Goodwin says 56-year-old Ronnie Austin Riddle is charged with 13 counts and his 55-year-old …
Authorities in Philadelphia say a city dentist and his daughter have been charged with submitting almost $5 million in fraudulent medical bills to insurance companies over the past decade. Prosecutors said Wednesday that 71-year-old Dr. Owen Rogal of Philadelphia and …
Gov. Sam Brownback is proposing that Kansas create a special fund to help cover the costs of recovering from natural disasters. The measure is part of the budget Brownback has outlined for the fiscal year beginning July 1. He wants …
An investigation by the Arizona Department of Insurance led to the arrest and felony conviction of Michael Swedo. Swedo pled guilty for submitting fraudulent claims to insurance companies and stealing the identity of an individual to set up a false …
Oregon’s Port of Astoria has settled with six insurance companies for $550,000 in a case involving past petroleum spills by several oil companies on port property. Port Executive Director Jack Crider tells the Daily Astorian that he thinks this week’s …
A Barton County, Mo., judge has placed a group of three small insurance companies into receivership, after claims from the Joplin tornado left the group insolvent. John M. Huff, director of the Missouri Department of Insurance, was named as receiver …
Floods are the most commonly occurring natural catastrophes in the world and insurance companies are using science to better predict risks, yet most people underestimate its destructive power, German insurer Allianz said in a report. Climate change and man-made causes, …