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By Jonathan Stempel (Reuters) |
May 15, 2012
Former American International Group Inc Chief Executive Maurice "Hank" Greenberg said New York's attorney general should be barred from invoking a 91-year-old state law in a fraud case over two suspect reinsurance transactions.
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By Anya Khalamayzer, PropertyCasualty360.com |
April 25, 2012
The battle between the National Risk Retention Association and the Government Accountability Office rages on as the private group has publicly criticized a GAO report calling for clarification of a federal law regulating risk retention groups.
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By Laura Mazzuca Toops |
April 25, 2012
The medical loss ratio question is far from settled, as SCOTUS weighs the healthcare law’s constitutionality, and Congress debates two MLR reform bills.
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By Arthur D. Postal, PropertyCasualty360.com |
March 23, 2012
The benefits of the surplus-lines-modernization law enacted in 2010 are already being felt through greater efficiency in the marketplace and likely lower premiums for customers, according to an official of the National Association of Professional Surplus Lines Offices.
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By Brady R. Kelley |
February 27, 2012
In the 18 months since Congress passed the Nonadmitted and Reinsurance Reform Act (NRRA), the NAPSLO Board, Legislative Committee and staff have been hard at work, with the help of stamping offices and state associations, advocating for the law’s proper implementation.
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By Phil Gusman, PropertyCasualty360.com |
February 9, 2012
The state of the economy and developments in states’ implementation of the federal excess and surplus lines reform law will be two topics on the minds of National Association of Professional Surplus Lines Offices (NAPSLO) members as they gather for the organization’s 2012 Mid-Year Leadership Forum.
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By Arthur D. Postal, PropertyCasualty360.com, Caroline McDonald, PropertyCasualty360.com |
January 19, 2012
While the recent Government Accountability Office (GAO) report on risk-retention groups (RRGs) recommends that Congress pass legislation clarifying certain provisions of the Liability Risk Retention Act (LRRA), it doesn’t go far enough, according to one industry expert.
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By Caroline McDonald, PropertyCasualty360.com, Arthur D. Postal, PropertyCasualty360.com |
January 17, 2012
While the Government Accountability Office (GAO) report on risk-retention groups (RRGs) recommends that Congress pass legislation clarifying certain provisions of the Liability Risk Retention Act (LRRA), it doesn’t go far enough, according to an industry expert.
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By Arthur D. Postal, PropertyCasualty360.com |
January 12, 2012
The Government Accountability Office has recommended that Congress pass legislation clarifying certain provisions of the Liability Risk Retention Act, including registration requirements, fees and coverage.
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By Caroline McDonald, PropertyCasualty360.com |
December 22, 2011
Four industry associations are speaking up for a risk retention group, requesting that the federal Ninth Circuit Court of Appeals uphold a decision by the Nevada District Court in July 2011 to allow the RRG to continue operating, despite the state's efforts to shut it down.
