Insurance News

The NAIC is considering supporting the expansion of the Federal Liability Risk Retention Act, to allow for risk retention groups to write commercial property in...
Dec 16, 2003 12:00 AM
On Wednesday December 10, the United States Supreme Court upheld the ban on "soft money" contributions to national political parties. In a 5-4 ruling, the...
Dec 16, 2003 12:00 AM
An article in the December 16, 2003 Boston Globe saying presidential candidate Howard Dean turned Vermont into a corporate tax haven for captive insurers is...
Dec 16, 2003 12:00 AM
Colorado State University hurricane forecaster William Gray is out with his prediction for the 2004 Atlantic hurricane season. Gray and his team said they expec...
Dec 09, 2003 12:00 AM
Following the announcement of The St. Paul and Travelers merger agreement, a series of senior management appointments were announced that will become effective ...
Dec 09, 2003 12:00 AM
The NAIC has announced it will conduct a two-day symposium February 23-24 in Washington, D.C. entitled "Ensuring Solvency, Transparency and Competitiveness in a...
Dec 09, 2003 12:00 AM
Members of the National Association of Insurance Commissioners (NAIC) have elected regulators from South Carolina, North Dakota and Oregon to serve as the assoc...
Dec 09, 2003 12:00 AM
Ten state departments of insurance today received an Accreditation Award under the National Association of Insurance Commissioners' (NAIC) Financial Regulation ...
Dec 09, 2003 12:00 AM
Florida's Chief Financial Officer Tom Gallagher is warning consumers to be wary about buying insurance over the Internet. In recent months, the state's Departme...
Dec 02, 2003 12:00 AM
The National Association of Insurance Commissioners (NAIC) will hold its end-of-year meeting later this week. Following a keynote address by TV and radio person...
Dec 02, 2003 12:00 AM
According to a recent analysis by Weiss Ratings, Inc., eight large property and casualty insurers are exposed to 72.2 percent of the homeowners insurance risk.....
Nov 25, 2003 12:00 AM
The NCOIL membership elected Florida State Sen. Steven Geller to serve as President of NCOIL in 2004, replacing outgoing Vermont State Rep. President Kathleen K...
Nov 25, 2003 12:00 AM
The hard market is coming to a close and insurers now must not sow the seeds of their own destruction by abandoning sound underwriting and...
Nov 18, 2003 12:00 AM
The St. Paul Companies, Inc. and Travelers Property Casualty Corp. today announced that they have signed a definitive merger agreement that will create the nati...
Nov 18, 2003 12:00 AM
A public policy debate has started recently that may ultimately have an affect on insurance. The National Conference of State Legislatures (NCOIL) reports that ...
Nov 10, 2003 12:00 AM
The recent fires in southern California could end up being the costliest in California history. The Insurance Information Institute predicts losses will be abou...
Nov 10, 2003 12:00 AM
Insurers are expected to pay $2.9 billion to homeowners and businesses for insured property losses from seven catastrophic events in the third quarter of this.....
Oct 28, 2003 12:00 AM
A new Wall Street Journal/Harris poll finds that many more Americans with employer-sponsored health insurance are unhappy with changes to their health insurance...
Oct 28, 2003 12:00 AM
The Federal Election Commission (FEC) will publish in the Federal Register this week a petition filed by America's Community Bankers (ACB) to allow payroll dedu...
Oct 21, 2003 12:00 AM
Arkansas Insurance Commissioner Mike Pickens, who is the current President of the National Association of Insurance Commissioners (NAIC), recently led a delegat...
Oct 13, 2003 12:00 AM