Insurers Paid $2.2B After Alabama Tornadoes December 30, 2011 Authorities say insurers have paid at least $2.2 billion claims arising from the April tornado outbreak in Alabama. The Birmingham...
Pricing Power Evades Insurers Despite Losses December 30, 2011 By Ben Berkowitz Despite more than $100 billion in disaster losses around the world this year, insurers are not yet experiencing a broad...
E-Trade, Insurers to Settle Class Action Lawsuit for $79M December 22, 2011 E-Trade Financial and its insurers have agreed in principle to pay $79 million to settle class action lawsuits brought against...
Appeals Court Tosses JPMorgan Lawsuit Against Insurers December 14, 2011 By Joseph Ax A JPMorgan unit cannot force insurers to pay a $250 million settlement between failed investment bank Bear Stearns and government...
Debit Card Claim Payments Increase Efficiency While Saving Money November 3, 2011 By Denise Johnson It costs an insurer up to $10 for each payment issued as a check. Besides the price of a stamp,...
Florida Governor Hears PIP Horror Stories November 3, 2011 A consumer insurance advocate says Florida’s motor vehicle no-fault personal injury protection insurance is riddled with fraud and becoming too...
Aon Study: U.S. Home Insurance Rates Don’t Reflect True Costs October 24, 2011 U.S. insurers’ prospective after-tax return on equity for homeowners insurance is 4.8 percent on average, a decrease from the 6.9...
Florida Hurricane Fund Has $3.2 Billion Shortfall October 19, 2011 By GARY FINEOUT Florida’s hurricane fund is confronting a potential $3.2 billion shortfall, financial experts said Tuesday in a new estimate of the...
How Hospitals Benefit from Data-Rich Malpractice Insurers October 17, 2011 Hospitals and hospital groups should seek clarity from their malpractice insurers on the loading applied to premiums to account for...
In Wake of Reno Tragedy, Insurers Draw Distinctions Between Air Races and Airshows September 23, 2011 By Don Jergler With an 11th fatality declared as a result of the crash at the National Championship Air Races in Reno, Nev....