According to the findings of a survey commissioned by The Insurance Leadership Institute of GE Insurance Solutions, independently conducted by Tillinghast, European insurers are becoming increasingly concerned by the growth of tort claims litigation. The results of the survey were …
Indiana Supreme Court justices should carefully consider the impact that a class-action case regarding compensation for the diminished value of a vehicle could have on numerous insurance policies and premiums—and ultimately reject the lawsuit, according to an amicus brief filed …
In a one-day special session, the Iowa Legislature passed a controversial economic stimulus package and reforms that insurers have argued will help reduce workers compensation costs. Gov. Tom Vilsack, a Democrat, signed the economic development plan in Senate File 2311 …
A Michigan court of appeals was correct in its determination that no-fault insurers have the right to review medical bills, and to pay lesser amounts if they deem any procedures to be unreasonable or unnecessary, the Property Casualty Insurers Association …
The Hartford Financial Services Group Inc. has created Priority Protection, a new D&O product that protects the individual directors and officers. “Directors and officers (D&O) coverage was originally created to help companies attract and retain high-quality board members and senior …
As Florida recovers from Hurricanes Charley and Frances and Hurricane Ivan moves toward landfall, many travelers are being forced to change or cancel vacation plans. Travelers who planned ahead and bought travel insurance early could be protected from losing the …
Georgia Gov. Sonny Perdue has directed the Georgia Emergency Management Agency (GEMA) to pursue a federal damage assessment in the wake of Hurricane Frances. GEMA has in turn made a formal request to the Federal Emergency Management Agency (FEMA). The …
The American Tort Reform Association (ATRA) is urging the U.S. House of Representatives to support the Lawsuit Abuse Reduction Act of 2004 (LARA), which is scheduled for debate in the House on Tuesday. “This common sense civil justice reform would …
U-Haul of Western New York faces $73,200 in fines from the U.S. Labor Department’s Occupational Safety and Health Administration (OSHA) for reportedly failing to adequately protect employees working with hazardous chemicals at its Tonawanda, N.Y., truck rental and leasing facility. …
The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) has authorized the use of federal funds to help California fight the Old Highway Fire near Mariposa in Mariposa County. Michael Brown, under secretary of Homeland Security for Emergency …