Mississippi Clears State Farm of Fraud, Unfair Claims in Katrina Market Conduct Exam In an inquiry that took nearly two years to complete, Mississippi market conduct examiners found that State Farm did “some things right and some things wrong” in handling claims from Hurricane Katrina, but uncovered no evidence of unfair trade practices or fraud....
Insurer Political Contributions Favor Republicans Overall, Democrats in Congress The insurance industry is giving the nod to Republicans in this year’s national elections. Contributions favor the GOP by a 54-46 margin, but when it comes to giving to Congress, the industry favors Democrats by a narrow margin, splitting $25.6 million in donations by 51 to 49 percent....
Are you optimistic about the economy? Or are you pulling the cover over your head until it all goes away? Tell us in ICI's annual Compliance Salary Survey....