Regulation/Legislation

A recent Washington state Supreme Court ruling holding insurers broadly accountable for the actions of their agents is just another way insurers can find themselves in hot water in the state, an attorney says.

The Massachusetts Division of Insurance says insurers have paid about $1.18 million in losses related to the Boston Marathon bombings in April.

Every year in the U.S., 68 million children are entrusted to paid caregivers during the workday, but only 17 states are prepared to protect infants and children from disasters while at school.

Agents for insurance companies may not be secret ones, but insurance and secret agents both take names and issue numbers. Policy numbers.

A report by the Government Accountability Office (GAO) has found that the state insurance regulatory system helped mitigate the negative effects of the 2007-09 financial crisis on the insurance industry. GAO also found that state insurance regulators continued efforts to strengthen the insurance regulatory system.

Illinois Gov. Pat Quinn passed regulations requiring schools to provide catastrophic-injury insurance for athletes playing school-sponsored sports.