Some industry groups contend the FIO's regulation modernization report did not go far enough in highlighting the positives of state-based regulation. Others say that was not the point of the report.
A new CFA report shows rates for identical drivers can vary by up to 100% depending on their credit scores. Insurance experts say CFA is making old arguments and ignoring research showing credit scores are an effective predictor of risk.
A new CFA report shows rates for identical drivers can vary by up to 100% depending on their credit scores. Insurance experts say CFA is making old arguments and ignoring research showing credit scores are an effective predictor of risk.
The bipartisan budget deal heading to the House may indirectly improve the U.S. insurance landscape, according to Robert Hartwig, president of the Insurance Information Institute.
I.I.I. President Robert Hartwig said growth of the private market in personal lines flood would be thwarted if the imposition of actuarial rates for the NFIP is delayed or reduced, as is currently being debated.
I.I.I. President Robert Hartwig said growth of the private market in personal lines flood would be thwarted if the imposition of actuarial rates for the NFIP is delayed or reduced, as is currently being debated.
The debate continues over a controversial Consumer Federation of America report released last month holding that only through Californias Proposition 103 has the state managed to control the cost of auto insuranceimplying that in most other states, oversight of auto insurance is lax, and rates are therefore too high.
The debate continues over a controversial Consumer Federation of America report released last month holding that only through Californias Proposition 103 has the state managed to control the cost of auto insuranceimplying that in most other states, oversight of auto insurance is lax, and rates are therefore too high.