Regulation/Legislation

A meeting of insurance regulators and state legislators was interrupted by protestors who say health insurance company lobbyists are working to block states' efforts to implement the recently passed health care reform legislation.

The global insurance marketplace needs to develop better regulatory language to help facilitate the insurance trade between the United States and its European partners, according to industry experts.

A controversial New York producer compensation disclosure regulation complies with the law and is necessary to inform consumers about possible conflicts of interest, the state's attorney general and leading candidate for governor argued in a court filing.

As regulators discuss implementing the new health care law at the National Association of Insurance Commissioners (NAIC) Summer National Meeting in Seattle, some commissioners are concerned

A regulator called the risk-based capital requirements for domestic reinsurers "draconian" after representatives from the Reinsurance Association of America said their obligations outweigh the rest of the industry's commitments.

The battle lines are already being drawn in anticipation of a renewed debate in Congress next year over creation of an optional federal charter for insurers.