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By Arthur D. Postal, PropertyCasualty360.com |
May 25, 2012
The Non-Admitted Insurance Multi-State Agreement has adopted the revenue-sharing agreement of a rival compact in an apparent effort to jumpstart creation of a uniform system to implement a premium-tax-sharing component of the federal surplus-lines reform law.
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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 |
May 4, 2012
Florida Gov. Rick Scott has signed what the insurance industry is calling the “most significant auto insurance law in decades.”
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By Arthur D. Postal PropertyCasualty360.com |
May 4, 2012
Three states are dropping out of the Nonadmitted Insurance Multistate Agreement tax-sharing compact, but Florida state officials say this will not interfere with the compact’s implementation date.
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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 Elizabeth Festa, PropertyCasualty360.com, Arthur D. Postal, PropertyCasualty360.com |
March 21, 2012
The National Association of Insurance Commissioners acknowledges in a letter to a member of Congress that it is not a “regulatory body,” but acts to provide a “forum and vehicle” for its members who are standard-setters.
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By Chad Hemenway, PropertyCasualty360.com |
March 12, 2012
The last day of the Florida Legislature on Friday saw the passage of a measure to help bring reform to the state’s auto-insurance system.
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By Chad Hemenway, PropertyCasualty360.com |
March 9, 2012
Florida Gov. Rick Scott was joined by Insurance Commissioner Kevin McCarty and Chief Financial Officer Jeff Atwater to encourage lawmakers to pass reforms the state's no-fault, personal injury protection system.
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By Elizabeth Festa |
March 8, 2012
The NAIC expects to craft a model law on the NAIC’s version of the Own Risk and Solvency Assessment by the August summer meeting.
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By Chad Hemenway, PropertyCasualty360.com |
February 7, 2012
Florida Insurance Commissioner Kevin McCarty says that if the Florida legislature does nothing to reform the state’s no-fault, personal injury protection auto insurance system, rates will simply continue to increase and lawmakers could be forced to repeal the law.
