Legislation to create a Federal Insurance Office should contain language allowing it to preempt state law where it conflicts with some limitedinternational trade agreements, an official said.
The Independent Insurance Agents & Brokers of New York Inc. said it will host a series of technology-focused workflow solution seminars throughout New York State in November.
In legislation spurred by the near-collapse of American International Group, the House Financial Services Committee approved a bill today to significantly increase federal regulation of the credit default swaps trading.
The chairman of the Commodities Futures Trading Commission today cited American International Group as the poster child for the need for strong regulation of the over-the-counter derivatives market.
StoneRiver has announced the results of its fourth annual survey on P&C insurance technology that revealed nearly three quarters of respondents will invest in analytics or business intelligence in their next project.
An annual technology survey indicates that claim system implementation isn't as high on P&C insurers' to-do lists as it has been in the past.
WASHINGTON-Bills modernizing and reforming regulation of the surplus lines and reinsurance industries and streamlining nonresident insurance agent and broker licensing could be acted on by the full House next month, according to industry officials.