state insurance departments

• IIABA Chairman Says Fight for Agents Continues Over PPACA

  By Mark E. Ruquet, PropertyCasualty360.com  |  April 22, 2013

  The chairman of the Independent Insurance Agents & Brokers of America says the association has not abandoned the fight to protect independent agents’ role under federal healthcare reform.

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  Report: Insurers Must Adapt to Changing Landscape, Not Wait for Improvement

  By Phil Gusman, PropertyCasualty360.com  |  February 26, 2013

  With economic, interest-rate and competitive challenges expected to persist through 2013, the title of Conning’s latest report aptly sums up the firm’s recipe for insurance-industry success in a year marked by numerous headwinds: “Nothing to Be Gained by Waiting for Things to Get Better.”

• R&O Insurance Societies and Associations: Poised to Assist

  By Shannon Frech, PropertyCasualty360.com  |  December 1, 2012

  External pressure from government, legislation the economy and a killer storm. Internal pressure to stay profitable, no matter what’s going on outside. Independent agents and brokers are being squeezed from all sizes, and need more help than ever from the trade associations that represent them.

• Man in the Mirror

  By Laura Mazzuca Toops, PropertyCasualty360.com  |  October 1, 2012

  Think insurance fraud is the exclusive domain of crooked policyholders or the Russian mob? Take a look in the mirror. Producer perpetrated fraud is on the rise, especially in these lingering tough times—and insurers are watching.

• I.I.I. Challenges CFA Auto Report by Pointing to Lower Consumer Costs

  By Phil Gusman, PropertyCasualty360.com  |  September 28, 2012

  On the heels of a Consumer Federation of America report charging that auto insurers put too much weight on non-driving rating factors, the Insurance Information Institute released figures showing that insurers’ use of a wide range of rating factors has held down consumers’ expenditures on auto insurance.

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  Giving Risk Management a Voice

  By Denise Tessier  |  August 1, 2012

  This election year, risk managers must make their voices heard. Effective ERM practices will also be more crucial than ever.

• 16 State Insurance Commissions Fail Integrity Evaluation

  By Mark E. Ruquet, PropertyCasualty360.com  |  March 26, 2012

  Sixteen state insurance agencies failed a national state-evaluation test, but Mississippi came out on top of the 50-state review.

• FSR: FIO Should Coordinate Federal Insurance Activity to Avoid Onerous Demands

  By Arthur D. Postal, PropertyCasualty360.com  |  March 16, 2012

  The Financial Services Roundtable wants the Treasury Department to use the Federal Insurance Office to coordinate all federal-agency activities regarding insurance in order to ensure that onerous and duplicative federal intervention in the insurance business does not occur.

• Is Transparency Clear?

  By Robert Detlefsen  |  February 1, 2012

  NAIC Transparency/Readability Working Group to investigate policy transparency

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  Toops Scoops: Do Businesses Need the USPS?

  By Laura Mazzuca Toops, PropertyCasualty360.com  |  January 6, 2012

  Can the independent agency system live without the USPS? What are you still snail mailing at your office, and do you see that changing in the near future?

• Insurers Scaling New Heights

  By Robert Regis Hyle, PropertyCasualty360.com  |  December 13, 2011

  The challenge of being a CIO in 2012 is to avoid the hype of new technology while achieving breakthroughs with older technology such as legacy systems.

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  NAIC Fall Meeting Highlighted Challenges

  By Tom Sullivan  |  November 14, 2011

  The NAIC must balance the demands of the international supervisory community with the needs of its own insurance community in the U.S.—and though everyone shares a common objective of convergence, it appears that compromises may be necessary to move forward.

• NCOIL Dismayed at FACI Exclusion

  By Arthur D. Postal, PropertyCasualty360.com  |  November 7, 2011

  Officials of the National Conference of Insurance Legislators are in an uproar over not having one of their own on the newly-created Federal Advisory Committee on Insurance.

• Washington Roundup: Another Short-Term NFIP Extension?

  By Arthur D. Postal, PropertyCasualty360.com  |  November 4, 2011

  Industry officials are starting to prepare for the prospect of another short-term extension to the National Flood Insurance Program (NFIP), as the deadline from the last extension is fast approaching.

• McRaith’s FIO Vision Gets Mixed Reviews from Industry Groups

  By Arthur D. Postal, PropertyCasualty360.com  |  October 26, 2011

  In the wake of the first congressional testimony of Michael McRaith, director of the new Federal Insurance Office, officials of the National Association of Mutual Insurance Companies say he appears to “have an understanding” of the role the new agency is to fulfill.

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  McRaith Says FIO Will Not Ask for Existing Data; Affirms States as Functional Regulators

  By Arthur D. Postal, PropertyCasualty360.com  |  October 25, 2011

  In his first public appearance since being named Federal Insurance Office director, Michael McRaith sought to alleviate concerns among those in the industry by saying the states would remain the functional regulators of insurance, and that FIO data requests would not be duplicative.