Agent Builder Blogosphere

To further complicate matters, even if a loss is covered, the policy most likely includes a deductible as well as coverage limits. Depending on the nature of the loss, multiple insurance companies may be involved. For ...

The Florida Hurricane Catastrophe Fund is to begin selling $693 million in tax-exempt bonds to help repay insurers for new and reopened claims from 2005 storms. The bonds are secured in part by ...View full post on Insurance Journal

Tthe percentage of medical services to injured workers delivered by network physicians jumped sharply immediately after Medical Provider Networks (MPNs) were introduced into the workers' ...View full post on Insurance Journal

Suspicious insurance claims from staged accidents are on the rise— and nowhere more than in New York and Florida, two states with no-fault statutes. Overall, the number of questionable ...View full post on Insurance Journal

Independent agencies and their carriers perform a variety of tasks for policyholders when originating and servicing policies, but how they handle claims provides the moment of truth—and it's ...View full post on Insurance Journal

LONDON (Reuters)—BP P.L.C. will compensate all those affected by an oil spill from one of its wells in the Gulf of Mexico, said its CEO, who admitted that the disaster could hit plans to open new areas off the U.S. coast to drilling.View full post on Business Insurance - Web ...

British Prime Minister Gordon Brown said any bank found guilty of wrongdoing could have to pay millions of dollars in compensation. Britain this week launched a probe into alleged fraud by Goldman ...View full post on Insurance Journal

Oklahoma State Rep. Ken Luttrell is proposing a complete overhaul of Oklahoma's worker's compensation system that would result in sending all workers' compensation claims to district civil ...View full post on Insurance Journal