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Insurer may have violated law, report reveals by San Francisco Chronicle - Feb 08,2010 A high-profile California insurance company that is backing a controversial insurance measure on the June ballot has engaged in practices that may be illegal, including deceptive pricing and discrimination against consumers such as active members of the military and drivers ... [full story]

Insurance Outshines Banks In Customer Advocacy Survey by National Underwriter - Feb 08,2010 A survey of consumers has found insurers and agents score better than banks when it comes to the issue of who is a better advocate for them, and independent agents scored high on the list. Forrester Research Inc. released its seventh ... [full story]

Study: Online search for life insurance information jumps 15% by Insurance Headlines - Feb 05,2010 More Americans are turning to the Internet for information about life insurance, according to a new study. Reston, Va.-based comScore, a digital marketing firm, found that searches for life insurance information grew to 16.6 million queries in 2009, an ... [full story]

Policy Admin Systems Don’t Meet Carrier Needs Accenture Finds by National Underwriter - Feb 05,2010 Insurance company policy administration systems are overburdened and not meeting carrier demands for growth, adaptability and standardization, a survey by Accenture has revealed. The consulting firm found 84 percent of those property and casualty insurers surveyed see modernization of their policy ... [full story]

N.Y. Insurers Outline Remedies For No-Fault System Problems by National Underwriter - Feb 05,2010 A New York insurers’ group plans to tell a legislative panel that bogus medical mills and unscrupulous medical providers, mostly in the New York City area, are inflating no-fault auto insurance costs. The New York Insurance Association Inc. will say in ... [full story]

Toyota Recall A Subrogation Issue? Allstate Looks At Cases by National Underwriter - Feb 05,2010 Big auto insurers will be examining past auto accident claims involving Toyota vehicles for possible subrogation action, an insurance arbitration executive predicted, as Allstate said it has a case review underway. Mark Bunim, president and chief executive of Case Closure--a New ... [full story]

Slow Reinsurance Renewals Highlight Growth Concerns by The New York Times - Feb 05,2010 The reinsurance sector's hopes of posting strong earnings in 2010 took a knock this week as two major European players reported slow January renewals, suggesting that companies will need to slash costs and claims this year to support profits. Germany's ... [full story]

Obama Move Against Tax Havens Called Tougher Than Past Efforts by National Underwriter - Feb 04,2010 WASHINGTON—Insurance industry representatives said President Obama’s new effort to tax insurers who cede premiums to overseas affiliates is far tougher than previous proposals aimed at low-tax offshore havens. The Obama administration’s concept contained in the budget it released yesterday unleashed withering ... [full story]