Regulation/Legislation

Auto and traffic safety efforts have reduced the number of accident-related injuries and fatalities significantly over the past 40 years, an insurance company association said.

Acting New York State Insurance Superintendent James J. Wrynn has named Dennis J. Hayes special deputy superintendent of the New York Liquidation Bureau.

Maria Sheffield plans to throw her hat into the ring to be elected Georgia's next insurance commissioner, looking to succeed her former boss, John Oxendine, who is running for governor next year, the National Underwriter has learned.

Insurance agents have won a critical change in the House Energy and Commerce Committee version of health care reform legislation that allows them to remain a crucial part of the distribution system.

Federal legislation is needed to standardize the payment of workers' compensation awards, as well as lower medical costs and remove litigation from the system once and for all, according to Terry Fleming, VP of RIMS.

New York Governor David Paterson has signed legislation extending the state's freeze on medical malpractice insurance rates for another year.