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By Phil Gusman, PropertyCasualty360.com |
December 16, 2011
A hard market now would be “purely for the purpose of price gouging buyers of insurance, particularly commercial-lines insureds,” according to an Americans for Insurance Reform report that says the industry’s “little understood economic cycle” has been used to victimize policyholders for 35 years.
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By Mark E. Ruquet, PropertyCasualty360.com |
December 6, 2011
Insurance industry representatives say the four months of flooding in Thailand could cost the insurance industry as much as $11 billion, with Swiss Re putting its losses at over a half-billion dollars.
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By Mark E. Ruquet, PropertyCasualty360.com |
April 25, 2011
If Republicans were in search of a friendly venue for their message of spending cuts and regulation reduction, they found a warm embrace a few short blocks from Capitol Hill at the recent meeting of the Independent Insurance Agents & Brokers of America in Washington D.C.
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By Paul Tetrault,JD,ARM, Aim |
February 2, 2011
How will state legislative changes affect industry issues?
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By Mark E. Ruquet, PropertyCasualty360.com |
January 14, 2011
Insurance industry representatives presented a unified front in opposition to the New York City Fire Department’s plan to impose an accident tax on motorists.
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By Phil Gusman, PropertyCasualty360.com |
July 23, 2010
The House leadership pulled a bill off of the floor before a vote could be taken on legislation that would add windstorm coverage to the National Flood Insurance Program (NFIP).
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By Arthur D. Postal, PropertyCasualty360.com, Phil Gusman, PropertyCasualty360.com |
July 14, 2010
Insurance industry representatives will oppose an expected amendment that would add wind coverage to a bill extending the National Flood Insurance Program for five years
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By Phil Gusman, PropertyCasualty360.com |
June 25, 2010
The Senate again failed to move a tax extenders bill containing a National Flood Insurance Program (NFIP) extension, but
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By Arthur D. Postal, PropertyCasualty360.com |
June 24, 2010
The Treasury Department's authority to preempt inconsistent state laws when concluding bilateral insurance trade agreements with foreign countries will be considerably watered down in final financial services reform legislation.
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By Arthur D. Postal, PropertyCasualty360.com |
June 23, 2010
Regulation of the surplus lines industry will be modernized and substantively streamlined under a provision of financial services reform legislation approved by House-Senate conferees.
