State regulation of the U.S. insurance industry is inefficient and costly, the American Insurance Association says in a new comment letter.

Proposed workers compensation reform legislation introduced in the California state legislature is getting a thumbs down from insurance trade groups.

Proposed workers compensation reform legislation introduced in the California state legislature is getting a thumbs down from insurance trade groups.

The Federal Insurance Office is being told the government should support the private reinsurance market and think long and hard before creating any government backstop that would displace the current system.

The Federal Insurance Office is being told the government should support the private reinsurance market and think long and hard before creating any government backstop that would displace the current system.

A recent filing by the Federal Reserve Board highlights the battle insurers are waging to preserve state regulation and limit federal intrusion on their activities.

A recent filing by the Federal Reserve Board highlights the battle insurers are waging to preserve state regulation and limit federal intrusion on their activities.

The remnants of securities contained in facilities created by the Federal Reserve Bank of New York to help bail out American International Group in 2008 were sold today, a key milestone in the companys efforts to end the governments equity interest in AIG.