Regulation/Legislation

Here is a summary of the insurance-related bills passed during the 2010 Florida legislative session.

While good governance, modeling and disclosure are vital to insurance risk management, the risk manager also has a pivotal role to play in creating a proactive and preemptive risk management culture, Swiss Re said.

Mississippi Gov. Haley Barbour's veto of $20 million to the state's Wind Pool will not result in an increase in premium rates this year or next, the state's insurance commissioner said.

The list of insurers agreeing to forgo Iran-linked investments is growing, with more than 75 percent of insurers licensed in California agreeing to refrain from future investing, but some big names have not yet complied.

Winning an exemption for insurers from having to help pay to wind down failed non-insurance firms posing a systemic risk to the economy was the key priority for insurers

The Independent Insurance Agents & Brokers of New York has suggested additional language to the state Department of Insurance regarding disclosure regulation, as it gears up for a court challenge.