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By Mark E. Ruquet |
April 26, 2012
Non-public P&C insurance carriers are reporting continued rate increases, with direct-written premiums increasing 3.7 percent in 2011 compared to 0.3 percent in 2010, according to a report from SNL Financial.
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By Mark E. Ruquet, PropertyCasualty360.com |
April 20, 2012
Non-public property and casualty insurance carriers are reporting continued rate increases as direct premium written increased about 4 percent in 2011 compared to paltry growth of less than 1 percent in 2010, according to a report from SNL Financial.
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April 12, 2012
Brian Duperreault, president and CEO of Marsh & McLennan Cos., has been named chairman of the Federal Advisory Committee on Insurance (FACI). The announcement was made March 30 by Marsh & McLennan, following the committee’s first meeting.
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By Arthur D. Postal, PropertyCasualty360.com |
April 2, 2012
The Financial Stability Oversight Council will vote Tuesday on the factors it will use in determining whether an insurer is “systemically significant,” a regulatory process that has been underway since the fall of 2010.
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By Arthur D. Postal, PropertyCasualty360.com |
March 2, 2012
The unilateral decision by officials of the National Association of Insurance Commissioners to broaden the use of the System for Electronic Rate and Form Filing to include regulatory purposes is coming under strong fire from industry trade groups.
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By Arthur D. Postal, PropertyCasualty360.com |
March 2, 2012
The U.S. government has asked a federal court to dismiss a lawsuit filed against it by Maurice Greenberg and Starr International on behalf of the shareholders of American International Group.
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By Arthur D. Postal, PropertyCasualty360.com |
January 31, 2012
A Consumer Federation of America study claims insurers are making auto insurance less affordable to low- and moderate-income families—a conclusion the insurance industry calls erroneous.
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By Arthur D. Postal, PropertyCasualty360.com |
January 20, 2012
The Federal Insurance Office should studyU.S.rate and policy form regulation and use the federal government’s foreign affairs powers to weigh in on international solvency issues, the American Insurance Association says in a comment letter.
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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.
