Regulation/Legislation

A New York State Senate Insurance Committee staff member said the Senate may consider no-fault fraud legislation this session after the State Insurance Fraud Bureau reported a 9 percent increase in no-fault auto system fraud in 2009.

After years of fighting between politicians and Florida's property insurers, it appears that the state's private carriers may be on the verge of getting the ability to raise their rates by a limited amount.

Vernon D. Smith has been much in the insurance news lately, as the poster boy for certain transactions

The California Insurance Department rejects an argument by insurance groups that its rules concerning investments with Iran-linked companies are illegal, a spokesman for the agency said.

President Obama has completed the first stage of his health reform initiative by signing H.R. 4872, the companion legislation to the bill that created the Patient Protection and Affordable Care Act.

While Democrats tout consumer protections in the health care reform law, most people with group health coverage don't appreciate they already enjoy such benefits, says NU Editor Sam Friedman in his blog today at www.NUSamSoapbox.com.