An organization founded more than 40 years ago to combat arson as a method of insurance fraud decided that its mission has been accomplished and folded up shop last month. All of the resources of the Insurance Committee for Arson …
While Fitch Ratings worries that litigation over COVID-19-related business-interruption claims is creating uncertain risk for property and casualty insurers, an economist who once served as a chief advisor to the industry said he doubts there will be a widespread impact. …
Key segments of the property/casualty insurance industry, which is facing mounting claims for business interruption losses from the pandemic, have thrown their lobbying weight behind a proposed federal program to replace revenues lost by businesses shut down during pandemics like …
Lobbyists for the property and casualty insurance industry are trying to prevent a $125 million increase in Washington state premium taxes that would fund wildfire prevention and suppression. The tax would affect home, auto and business insurance in an action …