Regulation/Legislation

Private Market Must Pick Up Terrorism ReCBO director: Federal role is determining how to tap insuranceBy Matt BradyWashingtonThe public sector should not be considered ...

AIG Sued Over Katrina InactionBy Daniel HaysA Louisiana attorney has filed a prospective class action against American International Group on behalf of AIG policyholders ...

Document Destruction Could Prove PainfulWith emphasis on transparency, carriers must maintain paper trail to avoid penaltiesFrom Eliot Spitzer probes to the evolving landscape of ...

Attacks On Flood ExclusionCould Batter Katrina InsurersPhoenixInsurers could end up paying out billions more than their exposure models predicted for hurricane losses in the ...

NAIC, Congressmen Face OffOver Sarbanes-Oxley ExtensionThe apparent opposition of two key federal lawmakers to extending Sarbanes-Oxley corporate disclosure rules to non-public insurers has not ...

Pay $182.9M For Carrier Claims, PwC ToldAmbassador Insurance verdict leaves auditor fully liable for full amount awardedPricewaterhouseCoopers has been ordered to pay $182.9 million ...