The new minimum medical loss ratio (MLR) rules are generating fierce debate in Congress over context and intent.

Insurance crime experts are warning that "slip and fall" claims are soaring, and as a result, such claims are coming under greater scrutiny for potential fraud by both insurers and investigators.

American International Group said it has reached another milestone in its efforts to become independent of federal financial support, repaying the Federal Reserve Bank of New York almost $4 billion.

Plaintiffs' lawyers criticized the Gulf oil spill claims facility, stating that the rules for emergency payments through the facility limit the future liability of companies deemed responsible for the disaster.

Independent agents and underwriters sparred with U.S. Agriculture Department representatives over agent commission caps put forth as part of the mandated cuts to the federal crop insurance program during a recent House subcommittee hearing.

The battle lines are already being drawn in anticipation of a renewed debate in Congress next year over creation of an optional federal charter for insurers.

Trade groups representing large insurers and the biggest corporate buyer association are urging the Treasury Department to ensure that the Federal Insurance Office plays a strong role in representing the U.S. on global insurance issues.

As Congress prepares for 2011 discussions on an optional federal charter, a new association representing small-to-midsize insurers will focus primarily on opposing any federal regulation of the industry.