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Insurance trade groups are asking the House to reject proposed legislation that would end the antitrust exemption afforded health and medical malpractice insurers by the McCarran-Ferguson Act.

Major insurance trade groups are asking the Senate Banking Committee not to require large financial institutions to prefund a systemic risk resolution fund as part of financial services reform legislation.

Keystone Insurers Group has added the Benefits Division of Synergy Insurance Group.

An International Accounting Standards Board proposal on how insurers should value their risks has drawn fire from an organization of major life and property/casualty insurance and reinsurance companies.

An International Accounting Standards Board proposal on how insurers should value their risks has drawn fire from an organization of major life and property & casualty insurance and reinsurance companies.

Two House Democrats last week introduced legislation that would repeal the antitrust exemption afforded insurers under the McCarran-Ferguson Act, but would retain the authority of states to regulate the industry.

That court decided that insurance companies that break the law cannot be sued under the Consumers Legal Remedies Act (CLRA) because, the court said, insurance is neither a "good" nor a "service" and

The draft regulation due for discussion by the National Association of Insurance Commissioners at their meeting Sunday in Orlando, Fla., embodies "a confrontational, destructive approach," said David