July 20, 2017 - By the end of the week, 2,509 stores had been looted, burned or destroyed, including 611 supermarkets and grocery stores, 537 cleaners, 326 clothing and fur stores, 285 liquor stores and bars, 240 drug stores and 198 furniture stores, according to American Insurance Association data listed in “Violence in the Model City.”...
July 18, 2017 - The American Insurance Association (AIA) said compounds are known to be subject to "abusive pricing." AIA Southeast Region Vice President for State Affairs Ron Jackson said, "We support the (Florida) division's utilizing their statutory authority to identify potential issues and proactively address cost drivers for employers. These reviews may be necessary to ensure these are safe compounds and also that pricing is appropriate."...
July 17, 2017 - This particular agreement has proven a serious point of contention within the U.S. insurance industry. The American Insurance Association, American Council of Life Insurers, and the Reinsurance Association of America—all of whom have some members with European corporate parents, as well as U.S.-based members with significant interests in Europe—argue it is a necessary step to facilitate trade in services in both directions and to prevent discrimination against their members operating in Europe....
July 17, 2017 - While Dixon filed a new complaint with Consumer Affairs, we asked several insurance organizations if it's common practice to take the word of a contractor and not ask the homeowner if the homeowner is satisfied with the job before paying money out. "It is customary for the adjuster to deal with the homeowner rather than the contractor," said Jim Whittle of the American Insurance Association. "Situations can differ and there may be instances when an insurer deals with the contractor but most of the time, an adjuster deals with the homeowner."...
July 17, 2017 - Several major insurance organizations including the American Insurance Association (AIA), the American Council of Life Insurers (ACLI) and the Reinsurance Association of America (RAA) welcomed the agreement in January, as did the International Underwriting Association, which represents wholesale re/insurance companies in the London market....
July 15, 2017 - “This agreement on prudential matters will end the discriminatory actions against U.S. insurers and reinsurers, increase U.S. competitiveness and boost the international standing of the U.S. state-based insurance regulatory system,” Stef Zielezienski, the American Insurance Association’s senior vice president and general counsel in Washington, said in a statement. “It is a win for U.S. insurers and reinsurers, their policyholders, regulators and the market as a whole.”...
July 13, 2017 - Workers compensation reform in the state of Illinois may be tough given the political climate in the state, experts said. “First and foremost, things need to cool down considerably,” said Steve Schneider, Chicago-based vice president for state affairs, Midwest region, American Insurance Association....
Maggie Seidel VICE PRESIDENT, PUBLIC AFFAIRS (202) 828-7196 mseidel@aiadc.org Rachel Wallen PUBLIC AFFAIRS MANAGER (202) 828-7149 rwallen@aiadc.org
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