Regulation/Legislation

The House and Senate are both working on different revisions of the Collins amendment.

Uniformity of taxation of the surplus lines market remains the key regulatory and legislative goal of the National Association of Surplus Lines Offices Ltd. (NAPSLO), according to NAPSLOs Legislative Committee.

"Whatever numbers Congress ultimately agrees to, lawmakers should be aware of this: markets are fully capable of taking on more terrorism risk and it clearly would be in taxpayers' interest to let them."

Alan Greenspan sees a bunch of reasons why the economy won't kick into high gear. And none of them have simple fixes.

Insurers in Europe, which manage about $11.2 trillion of client money, say their role as long-term investors may be hurt by new regulation.

As Congress prepares to return to work Sept. 8 for an abbreviated session, a priority for the insurance industry will be ensuring that legislators keep on their radar enactment of a bill aimed at streamlining agent and broker licensing.