Regulation/Legislation

Proposed changes to insurance-contract accounting standards are running into delays amid vocal opposition, but whatever final conclusions ultimately emerge, they are unlikely to have a broad impact on credit ratings since new rules, by themselves, do not alter the economic position of an entity, according to Moody’s.

When your clients' top executives demand to know, "What the frack is going on," do you have an answer? Do you even know what they're talking about? Gina Jones and Ivy Riggs provide the info you need to arm youself to address your clients' concerns.

A Texas-based workers’ compensation insurer has asked a federal judge to dismiss the lawsuit it filed against Florida Insurance Commissioner Kevin McCarty.

Florida Sen. Mike Fasano, R-New Port Richey, is calling for a repeal of this year’s massive property-insurance bill, SB 408, following the state insurer of last resort’s decision to file for an average 400+ percent rate increase for sinkhole coverage.

EnvISIon, a new rating system to assess the sustainability of infrastructure projects, is one initiative helping government and corporate risk managers benchmark sustainability performance and provide a framework for measuring risk—as environmental risk challenges threaten to surpass insurance capacity.

Lloyd’s says it has received approval from the New York Insurance Department to post reduced collateral on reinsurance contracts.