Regulation/Legislation

It was a mistake for President Obama to cancel his NAIC speech to attend fundraisers in town instead, when he should have been rallying the regulatory troops on health reform, says NU Editor In Chief Sam Friedman in his blog today at www.NUSamSoapbox.com.

Marsh is telling the Obama administration that cutting the federal terrorism risk insurance program would have a dire impact on the availability of terrorism insurance in the U.S.

The Florida Office of Insurance Regulation (OIR) has asked the state's commercial and residential property insurers to collect and submit sinkhole claims--a cost driver insurers have said is swallowing underwriting profits.

Alfred Gross plans to retire from his post as Virginia insurance commissioner Dec. 31.

The new minimum medical loss ratio (MLR) rules are generating fierce debate in Congress over context and intent.

The United Kingdom Financial Services Authority (FSA) said it has fined Zurich Insurance plc's UK branch (ZIP UK) over ?2.28 million ($3.52 million at current exchange rate) due to the loss of personal data for 46,000 customers in 2008.