HONG KONG/BEIJING — Chinese non-life insurers are discovering a silver lining to the cloud spreading over China’s economic performance from the coronavirus outbreak — a sharp drop in car accident claims. Beijing’s efforts to contain the new coronavirus have included …
BOISE, Idaho — Susan Calvin was healthy. Her family was, too. But their health insurance premiums and deductibles were climbing. When she started shopping for an insurance plan for 2017 and lamented the cost, Calvin says, her insurance broker suggested …
Zurich Insurance Group AG expects to have more power to increase commercial insurance rates than it has seen in almost two decades as a shortage of supply and high natural catastrophe payouts help reverse declining premiums. “The last time this …
The owner of a Rhode Island insurance agency that specialized in insuring horses was sentenced Monday to 36 months in federal prison for operating various schemes to defraud customers, insurance companies, and finance companies of approximately $1.3 million, the U.S. …
Had Greg Larson, a Realtor and riverside homeowner in Bismarck, and his family changed their flood insurance policy, their cost would have gone from $705 a year to $4,200. Increases in flood insurance rates are making some of Bismarck-Mandan’s prized …
Ralph Gearhart, owner of Ohio State Roofing, Inc., who operated his business for more than a decade without proper workers’ compensation insurance was sentenced recently. According to authorities, he was found guilty of failing to comply with the law, having …
The owner of an Orange County tree-trimming business faces fraud charges after filing a 2007 insurance claim for the family of an employee who died in a wood chipper. Prosecutors say he never paid premiums on the insurance. Jose Luis …
Florida’s insurance consumer advocate is forming a working group to focus on skyrocketing premiums for automobile coverage. Robin Westcott on Thursday said one of the biggest reasons for those increases has been personal injury protection fraud. State law requires motorists …
New Jersey proposed a sweeping overhaul last week to its regulations for the personal injury protection component of auto insurance, hoping to curb rising premiums. The changes affect how and what doctors can bill for treatments and restructure the process …
Volunteer fire departments looking to offset anticipated increases in their workers’ compensation insurance premiums can turn to a website launched by the state auditor’s office. Auditor Glen Gainer’s office was tasked by the Legislature with developing a program to provide …