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By Elizabeth Festa, PropertyCasualty360.com |
May 18, 2012
Lawmakers and industry and government officials pushed for supervisory harmony and a robust role abroad by the U.S. Federal Insurance Office to increase international competitiveness for the U.S. insurance industry.
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By Chad Hemenway, PropertyCasualty360.com |
November 17, 2011
Underwriting risks are typically not linked to the economic business cycle and financial market risks. Therefore, traditional insurance companies do not pose a systemic risk, concludes a new report by the International Association of Insurance Supervisors.
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By Elizabeth Festa |
November 4, 2011
Regulators and others took aim at the idea of using capital requirements as a measurement in solvency and insurance financial-fitness assessments.
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By Chad Hemenway, PropertyCasualty360.com |
October 7, 2011
Insurance trade associations are testifying before Michigan lawmakers in an attempt to promote reform to the state's no-fault auto insurance system.
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By Arthur D. Postal, PropertyCasualty360.com |
September 2, 2011
The American Insurance Association is asking international financial services regulators to reflect U.S. policy and therefore allow state regulators to wind down the insurance subsidiaries of troubled global financial firms.
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By Chad Hemenway, PropertyCasualty360.com |
July 26, 2011
An overview of available distracted-driving research concludes that there is no evidence indicating whether cell phone or texting bans have reduced automobile crashes.
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By Chad Hemenway, PropertyCasualty360.com |
July 8, 2011
An overview of available distracted-driving research concludes there is no evidence to indicate whether cell phone or texting bans have reduced automobile crashes.
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By Mark E. Ruquet, PropertyCasualty360.com |
May 31, 2011
Credit scoring using completely race-neutral factors is permitted under Texas law even if it has an unintended impact on minorities, the state’s Supreme Court ruled late last week.
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By Chad Hemenway, PropertyCasualty360.com |
April 25, 2011
Some insurers, in their never-ending effort to more accurately measure risk, have found drivers can help—and in the process, maybe save themselves a few bucks. A relatively new “telematics” tool is becoming more and more common in the automobile-insurance underwriting realm: pay-as-you-drive, or usage-based programs.
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By Mark E. Ruquet, PropertyCasualty360.com |
January 18, 2011
President Obama's executive order today to streamline federal agency regulations could have the effect of promoting greater regulatory efficiency for the insurance industry, an executive with an insurance association said.