Regulation/Legislation

As we bid adieu to 2009, many in the insurance industry are looking to the new year with greater optimism than they might have thought possible this time last year.

There is currently no immediate permanent replacement for Maryland Insurance Commissioner Ralph Tyler, who leaves his post Friday to become chief counsel to the federal Food and Drug Administration, an official said.

Shaping health care and financial services regulatory reform legislation to the interests of their members will keep property and casualty insurance lobbyists busy throughout 2010.

According to its annual report, the Office of Insurance Regulation considers Florida's workers' compensation market to be in good shape.

While battles over health care reform got most of the headlines here this month, Congress tackled a host of other issues of keen interest to property and casualty insurers and producers.

We made it! This exceedingly volatile, outrageously expensive and mercilessly cruel first decade of the new millennium careened to a chaotic close and somehow the property and casualty insurance industry crossed the finish line more or less intact.