Commercial insurance products moved a giant step closer to deregulation when Gov. Greg Abbott signed SB 1367 into law on May 15. The bill moved through the legislative process with little fanfare and no witness testimony in committee other than favorable testimony on...
Policyholders in the U.S. personal lines market experienced a composite average rate increase of 5.6 percent in the first quarter of 2021 as compared to 6.3 percent in the last quarter of 2020. “While rates moderated slightly, the market continues to harden for...
A policyholder does not have standing to object to a $1 million settlement reached by units of American International Group Inc. and Zurich Insurance Group Ltd. in connection with a huge sinkhole in Louisiana, the U.S. 5th Circuit Court of Appeals in New Orleans...
Recent Comments