Property-Casualty Insurance News
Insurers paid $12.9 million in claims stemming from the civil unrest and riots in Baltimore linked to the death in April of Freddie Gray.
Geico has agreed to pay $6 million and implement several changes to its business practices, as part of a settlement with the California Department of Insurance.
A former Georgia insurance agency owner will spend the next four years in jail after being convicted in a truck cargo insurance scam that operated in more than 20 states.
Stahlka Agency Inc., an independent insurance agency with offices in Williamsville and Orchard Park, N.Y., acquired another New York-based agency.
New Jersey drivers who lie that they garage and drive their vehicles in other states to save on auto premiums now could face insurance-fraud charges.
Property/casualty insurers vary widely in compensation for claims staff and managers who respond to catastrophes, according Verisk.
The Maryland Insurance Administration has scheduled a public meeting on Sept. 18 to investigate excessive air ambulance bills following complaints.
Morristown, N.J.-based ProSight Specialty Insurance has partnered with Allied Insurance Brokers, of Pittsburgh, Pa., to offer scaffold risk insurance with an all-lines approach.
Specialty insurer Allianz Global Assistance recently rolled-out its national college tuition insurance offerings in nine states, designed to protect investments in non-refundable tuition payments in the event that a student must withdraw from classes.
Delaware state lawmakers passed a bill changing several aspects of the state’s workers’ compensation laws, including a provision that could allow electronic medical billing and payment.