Regulation/Legislation

We have certainly seen significant regulatory activity in the first seven months of 2011. And with five months to go in 2011s calendar, we can see that its not over yet.

Florida Insurance Commissioner Kevin McCarty says fraud and abuse in the states personal injury protection insurance system is largely to blame for a 70 percent increase in PIP claims paid since 2008.

Connecticuts top insurance regulator says the United States needs to stop apologizing for its regulatory regime, stating that it has worked remarkably well through troubled times.

Proposed changes to New Jerseys personal injury protection coverage would benefit insurers from a credit perspective as reforms would reduce legal expenses and clarify medical reimbursement for specific injury types, according to Moodys.

Fridays decision by an appeals court panel on the healthcare law ensures that the Supreme Court will be the ultimate arbiter of the laws constitutionality, but otherwise further muddies the water as to what benefits employers will have to provide to their employees, industry officials said.

Billionaire investor Warren Buffett is calling on the so-called "mega-rich" to pay more in taxes.