Archive

System failure and business interruption the major loss triggers from global IT outage

Business interruption losses unlikely to be covered by general insurance policies, says APCIA

California regulator halts renewal of Consumer Watchdog's status as consumer representative

Watchdog has hindered rate making process in California, say industry groups

APCIA attacks third-party litigation funding business

US trade association says soaring liability claims adds to the burden on insurers

APCIA backs California governor's plan to speed up insurance rate filings

Virginia's Bill 256 will "open floodgates of litigation," APCIA warns

Insurers sanguine about NAIC's P&C data call

Consumer groups praise FIO for pushing NAIC to finally gather insurability and climate data

APCIA calls on legal system reform to counter social inflation woes

Over half of US consumers are unaware of nefarious litigation practices, says APCIA

Florida litigation reform bill may not pass this year

Bill seeks to reform predatory practices which have driven up insurance costs

US property rate debate rages as natcats soar

Demands for higher rates for homeowners coverage are creating tensions among consumer groups, regulators and underwriters. Sarfraz Thind reports on attempts to sustain the market as natural catastrophe losses mount

US FIO and NAIC fissures grow

NAIC's "weak" criticisms of FIO data call rankles participants