The 2010 surplus lines modernization act is not interfering with the ability of state regulators to access financial data for surplus lines reinsurers regulated by other states, the Federal Insurance Office says in a new report.

A key National Association of Insurance Commissioners (NAIC) committee agreed late Friday to determine whether guidelines should be developed to provide consistency in the handling of unclaimed death benefits.

A key National Association of Insurance Commissioners (NAIC) committee agreed late Friday to determine whether guidelines should be developed to provide consistency in the handling of unclaimed death benefits.

Even as the overall number of workers compensation claims wanes, the suspicious onesor those designated questionable claims (QCs)are actually increasing, according to the National Insurance Crime Bureau (NICB). When the Des Plaines, Ill.-based not-for-profit organization examined referrals dating from Jan. 1, 2011 through June 30, 2013, it found that medical...

A higher incidence of claims combined with a new law will likely cause a double-digit rise in Missouris workers compensation rates next year, a new report suggests.

As the non-admitted industry and the interest of its members in federal regulatory and legislative issues continues to grow, so does the federal Political Action Committee (PAC) of its trade group, the National Association of Surplus Lines Offices Ltd. (NAPSLO).

American International Group president and CEO Robert H. Benmosche has tried to tamp down expectations AIG set for 2015 when it offered stock to the public again in May 2011.

American International Group reported slightly higher net income in the third quarter and said its P&C pre-tax operating income grew 33 percent to $1.0 billion due to improved underwriting results.