Insurance News & Info

After declining for four consecutive years, California workers’ compensation insurers’ return on net worth showed signs of improvement in 2010. That’s according to the data from the National Association of Insurance Commissioners, which was compiled, analyzed and released by the … View full post on Insurance Journal » News

London Market technology specialists TriSystems has announced the launch of a new electronic underwriting service to complement their electronic broking platform, which, the company said, marks “a significant shift from the tactical to strategic use of messaging software.   “Lime-St.com … View full post on Insurance Journal » News

A consumer group on Monday issued a study that shows ‘disparate treatment’ of low-to moderate-income families by auto insurers nationwide, and is asking state insurance commissioners to consider lowering minimum liability coverage requirements, and creating low-income purchase programs. A study … View full post on Insurance Journal » News

California Insurance Commissioner Dave Jones and a group of insurers have settled litigation over insurer investments in companies doing business in Iran, it was announced on Friday. The terms of the settlement permit the Jones to “maintain a public list … View full post on Insurance Journal » News

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Missouri insurance regulators say they returned a record amount in claims recoveries to consumers in 2011. An additional $21 million was recovered from insurance companies by the Missouri Department of Insurance on behalf of consumers; the previous record was $14.6 … View full post on Insurance Journal » News

Passenger ship operators should tighten up safety procedures and crew training standards to prevent a repeat of the Costa Concordia shipwreck, potentially the costliest marine insurance loss on record, shipping insurers said on Tuesday, “In the past, we have raised … View full post on Insurance Journal » News

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NEW YORK (Reuters) – When your health insurance provider denies an experimental treatment or a high-cost drug, how much are you willing to pay for the care you believe you need? Barby Ingle, a former cheerleading and dance coach at Washington Univ… View full post on Yahoo! Health News

The capsizing of the Costa Concordia could not have come at a worse time for the cruise industry — right at the start of the peak booking season. Even if passengers aren’t scared away, the accident will cost hundreds of … View full post on Insurance Journal » News