They surface in the wake of any catastrophe or run-of-the-mill claim generating event. Contractors, tradesmen, restoration companies or others emerge, offering not only to repair damage to homes or property, but to also negotiate on behalf of the policyholders with …
New global research finds that as many as two-thirds (67 percent) of insurance customers would consider purchasing insurance products from organizations other than insurers, including 23 percent who would consider buying from online service providers such as Google and Amazon. …
Researchers at Duke Medicine reported that health care costs increase in parallel with body mass measurements. Pharmacy and medical costs could double for obese people compared with those at a healthy weight, according to the recent study published in the …
The insurer’s duty to defend its insured is broad and is generally triggered whenever a complaint against an insured potentially implicates coverage under the policy. Jurisdictions vary as to how they approach the duty to defend. While some states have …
Laurie Infantino has been named education director of Insurance Journal’s Academy of Insurance. The insurance education professional will focus on the quality of the instructors and the education content offered by the Academy of Insurance. Infantino is currently president of …
The insurance industry saw considerable job growth in 2013. InsuranceJobs.com, an employment website for insurance professionals, provided an overview of key employment trends in the insurance industry for December 2013 based on preliminary statistics reported by the U.S. Bureau of …
In 2013, Texas drivers and homeowners filed the fewest number of complaints against their insurance companies since the Texas Department of Insurance (TDI) began keeping records, the Insurance Council of Texas reported. According to TDI’s Consumer Protection division, there was …
$24.7 Billion The financial losses caused by identity theft in 2013. According to a national household survey of 70,000 people issued by the Bureau of Justice Statistics, 1 out of every 14 Americans age 16 or older was a target …
Video Highlights Most Cat Models Not Helping the Insurance Industry Cat modeling is a huge trend in the insurance industry, but Michael Pilla, CEO of Technical Risk Underwriters which writes builders’ risk, standalone earthquake DIC for fixed and completed property, …
At a news conference at the Minnesota Capitol this week, the National Insurance Crime Bureau (NICB) expressed its strong support for the efforts of the Senate Commerce Committee’s Working Group on Insurance Fraud. The Group has spent the last nine …