Regulation/Legislation

A probe of credit rating agencies was announced by the California Attorney General's Office right before his targets were called on the carpet during the National Association of Insurance Commissioners conference last week.

The nation's insurance regulators after a hearing examining the flawed performance of the rating agencies left unresolved what their next move will be.

The nation's insurance regulators ended their latest look at the use of consumer credit records as an underwriting factor by declaring they need more information.

Nationwide Insurance Company is proposing the creation of a government backstop for insurers willing to offer a homeowners policy for wind and flood coverage.

A reevaluation of insurance regulators' use of rating agencies is needed because their poor performance helped prompt the financial crisis, a regulator and consumer advocate testified today.

Property and casualty insurance trade groups are uniting to oppose a proposed Senate health care reform amendment to merge medical components of workers' compensation and auto insurance with health insurance.