U.S. Congress

• Judge Denies Request to Block MF Global Execs from Insurance

  By Jonathan Stempel (Reuters)  |  May 2, 2012

  A U.S. judge refused to block former MF Global Holdings Ltd Chief Executive Jon Corzine and other company officials from tapping as much as $30 million of insurance money to defend lawsuits over the futures brokerage's collapse.

• Is Transparency Clear?

  By Robert Detlefsen  |  February 1, 2012

  NAIC Transparency/Readability Working Group to investigate policy transparency

• Does Your Legislator Understand You?

  By State Rep. George Keiser (R.N.D.)  |  January 6, 2012

  Let’s gather together 38 mayors; 24 health-care professionals, including veterinarians, dieticians and pharmacists; three organic farmers; three ranchers; three vintners; two former pro athletes; six scientists; five accountants; four ministers; and four sheriffs.

• Revolving Door of Gov’t Makes Industry Reform Difficult

  By Mark E. Ruquet, PropertyCasualty360.com  |  October 4, 2011

  The decades of power shifts in Washington has created an unstable governing environment making it difficult for the insurance industry to implement needed reforms, says the chairman of The Council of Insurance Agents & Brokers.

• In My Opinion

  By Kevin McCarty  |  July 27, 2011

  In the wake of Dodd-Frank and NRRA, states are considering two different agreements, NIMA and SLIMPACT. Florida, with nearly $15 to $20 million in annual tax revenues at stake, has elected to go with NIMA. Florida’s insurance commissioner tells us why.

• RIMS Establishes Federal Political Action Committee

  April 11, 2011

  RIMS says it has established RISK PAC, a political-action committee to support the campaigns of candidates for the U.S. Congress.

• Consortium Off The Mark On Deepwater Coverage Plan?

  By Caroline McDonald, PropertyCasualty360.com  |  April 7, 2011

  An insurance consortium for energy coverage introduced in light of the Deepwater Horizon event may not be a large source of coverage for major oil companies, which are likely to continue self insuring and purchasing only modest amounts of coverage, according to a Moody’s analyst.

• RIMS Establishes Federal Political Action Committee

  By Staff Writer  |  April 1, 2011

  RIMS says today it has established RISK PAC, a political action committee to support the campaigns of candidates for the U.S. Congress.

• "Illegal Rescission" is Oxymoron

  By Barry Zalma  |  September 30, 2010

  Barry Zalma writes that a lawsuit attempts to change California statutory and common law

• Bermuda Braced For More Transparency Calls In Wake Of Financial Services Crisis

  By Caroline McDonald, PropertyCasualty360.com  |  June 21, 2010

  The financial crisis has put the heat on Bermuda to increase transparency and supervision over captive formations, as the domicile works to attract new middle-market participants to maintain growth despite a soft commercial insurance market.