(AP) LOS ANGELES - Dog bites man does not get a lot of attention in the news, but it costs insurance companies hundreds of millions in claims every year.
State Farm Insurance, one of the nation's largest home insurers, paid more than $109 million on about 3,800 dog bite claims nationwide ...
Premium growth and lower catastrophe costs helped allow U.S. property/casualty insurance companies to begin 2012 with positive net income, according to a report released this week by Moody’s Investors Service Inc.
The report, “U.S. P&C Insurers’ 1Q12 Earnings Improve on Lower Cats; Pricing Momentum Continues,” noted that “investment income remains ...
Arizona is one of more than two dozen states challenging the federal health care overhaul, but Republican Gov. Jan Brewer's administration is moving to implement part of the contested law by reviewing health insurance rates to see if they should be labeled unjustifiably high. State officials say it's better ...
WASHINGTON -- The federal flood insurance program got another 30-day extension from the House on Thursday, while some lawmakers continue to work for the long-term extension they say is needed to ensure its stability. "I support the House version as a temporary extension to avoid a lapse, but getting to ...
Even as Americans debate whether President Obama’s health-care law and its promise of guaranteed health coverage should be scrapped, many far less affluent nations are moving in the opposite direction — to provide medical insurance to all citizens. China, after years of underfunding health care, is on track to ...
Massachusetts has rejected a proposed rake hike for home insurance policies under a plan used by consumers who couldn't get insurance otherwise, and rates will stay in place. Last November, the Massachusetts Property Insurance Underwriters Association (MPIUA) proposed a 6.7 percent increase on the Cape and Islands, and 9.9 ...
While brokers and agents have long invested in agency management systems to capture and format insurance application data, and insurers have devised portals with product and service information, integrating that information has been the goal of the insurance exchange movement. An early manifestation of the exchange model is Dallas-based ...
Health-insurance companies must tell customers who get a premium rebate this summer that the check is the result of the Obama administration's health-care law, according to federal guidelines released Friday. The move is the latest sign the Obama administration is trying to draw attention to the law's benefits ...
As another deadline approaches for the National Flood Insurance Program, advocacy groups are taking to Capitol Hill this week as Democrats and Republicans attempt to put together an amicable long-term extension before May 31. Leading the way on Capitol Hill are the Property Casualty Insurers Association of America ...
Associated Press - Florida may not have enough money to pay off hurricane insurance claims if a big storm hits this year. An advisory panel on Thursday concluded that the state may fall nearly $2 billion short of the total needed to cover all of its obligations and is ...
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