In Virginia, the Bureau of Insurance of the State Corporation Commission issued a bulletin on Feb. 23 which addresses how it will handle permitted practices of foreign insurers, those not domiciled

ALICO, domiciled in Delaware, had $33.5 billion in net premiums written in 2007 on net income of $737 million, according to Highline Data, part of Summit Business Media, which also owns National

New York Insurance Superintendent Eric Dinallo notified insurers yesterday that exceptions from capital and surplus accounting standards granted by other states must not be reflected in New York

Iowa using permitted practice procedure, which allows for rules waivers, has approved 10 insurance companies for capital and surplus relief under a Feb. 3 bulletin it issued temporarily relaxing

Approximately 20 companies have applied to the Ohio insurance department for relief in response to bulletins issued on Feb. 3, according to Carly Glick, a department spokesperson. Letters will be

Elizabeth Malone, a senior vice president with Wunderlich Securities, Memphis, Tenn., said that despite moves to assert more federal controls, state regulation of insurance is here to stay. She also

The insurance industry is urging international insurance supervisors to take a number of steps as they develop global insurance standards including looking at what it would take to fulfill a contract

Consumer advocates are asking Iowa Insurance Commissioner Susan Voss why she voted against a proposal to relax life insurers' capital and surplus requirements on Jan. 29 and five days later issued a