Regulation/Legislation

RIMS says it has established RISK PAC, a political-action committee to support the campaigns of candidates for the U.S. Congress.

U.S. regulators are busy laying the foundation for modernizing solvency standards aimed at better understanding a carrier’s ability to withstand the stress of insured losses and making that reporting globally acceptable, experts say.

A Texas judge has upheld an order against State Farm to refund $310 million to policyholders for alleged excessive rates from as far back as 2003.

The American Insurance Association's President and CEO makes the case for why it's time to set national standards for graduated driver licensing programs.

The door for the private market to play a strong role in insuring against flood would be opened through several provisions in legislation reauthorizing the National Flood Insurance Program passed by a House panel late Wednesday.

The Workers Compensation Insurance Rating Bureau of California’s Governing Committee has decided to submit an informational filing, rather than a rate filing, to the state insurance department in part to shift focus away from a hard number and toward the actual cost drivers in the workers’ comp system.