Regulation/Legislation

The recall of more than 2.1 million baby cribs by the U.S. Consumer Products Safety Commission should not have a serious impact on insurers, but might pique demand for recall coverage, experts suggest.

The National Conference of Insurance Legislators said it has adopted a model act for state lawmakers designed to discourage faulty airbag repairs and airbag theft.

A group pushing for natural disaster policy reform said it is urging swift House passage of legislation providing incentives for states to develop pre-mitigation programs for catastrophic weather events.

Even if health reform passes, it will be years before it takes effect. In the interim, why not create Assigned Risk Pools for the uninsured, suggests NU Editor Sam Friedman in his blog today at www.NUSamSoapBox.com.

The latest government study on Chinese drywall has revealed a "strong association" between the drywall and corrosion in homes that may physically irritate their inhabitants.

The National Conference of Insurance Legislators said it has adopted model legislation to prohibit "naked" credit default swaps and put "covered swaps" under state insurance regulation.