Arson Control Committee Closes its Doors After 40 Years March 24, 2021 By Jim Sams An organization founded more than 40 years ago to combat arson as a method of insurance fraud decided that its...
Fitch Cautious, but Economist Predicts ‘Isolated’ Impact From Business-Interruption Claims March 12, 2021 By Jim Sams While Fitch Ratings worries that litigation over COVID-19-related business-interruption claims is creating uncertain risk for property and casualty insurers, an...
Insurers Support Federal Backstop for Future Pandemics; Plaintiffs Seek Help for Current Outbreak May 22, 2020 Key segments of the property/casualty insurance industry, which is facing mounting claims for business interruption losses from the pandemic, have...
Insurers Oppose Premium Tax to Fund Washington’s Wildfire Prevention April 9, 2019 Lobbyists for the property and casualty insurance industry are trying to prevent a $125 million increase in Washington state premium...