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What compromises would backers of federal regulation be willing to concede to get Uncle Sam to finally take the plunge? Where would you draw the line? Those are among the controversial issues raised
Time, money and a unified industry voice in Washington could get a surplus lines reform bill introduced in the Senate this year, the president of the National Association of Professional Surplus
The practice of granting states NAIC accreditation started in the last decade with the aim of obtaining a uniform application of solvency laws, such as risk-based capital and financial examination law
The warning came from Don Cleasby, assistant general counsel for the Property Casualty Insurers Association of America, speaking at the AntiFraud Task Force session of the National Association of Insu
The action came at the National Association of Insurance Commissioners opening session where the Reinsurance Task Force was told to put some meat on the skeletal proposal to reform alien collateral ri
The action comes after Citizens revealed Wednesday that its computer system could not generate an audit report for 2005. Officials assured the rating agencies that the data is available and nothing ha
Assemblywoman Fiona Ma, D-San Francisco, introduced AB 550 late last month, with Sen. Leland Yee, D-San Francisco, following suit in the Senate with the introduction of SB 723. Under the proposed legi
The request comes after Florida Insurance Commissioner Kevin McCarty released property insurance discounts that insurers are required to pass along to policyholders, amounting to an average 24 percent
World Trade Center developer Larry Silverstein has filed suit against a British insurer and its U.S. spin-off for up to $1 billion in unpaid claims from damages from the 9/11 attack on the Twin Tower
Class action securities settlements reached a record $18 billion in 2006, according to a report from Rockville, Md.-based Institutional Shareholder Services, a provider of corporate governance and pro
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