Is there a way for insurers to quantify how much insurers actually pay out to close a claim, versus how much the claimant sought? A journalism "auditor" suggested recently that the lack of such hard n

If a group long supportive of national regulation such as the Council of Insurance Agents and Brokers can come out of last week's extraordinary confab with the National Association of Insurance Commis

While there is plenty of blame to go around for the ongoing financial meltdown, two prime causes were unregulated insurance transactions by AIG in the form of credit default swaps, and a negligent Con

We have become so litigious in this country that even liberal magazines such as "The New Yorker" are making fun of our propensity to sue at the drop of a hat. NU Editor In Chief Sam Friedman recounts

WASHINGTON--The Bush administration rocked the insurance world this weekend by preparing to formally endorse optional federal charters for insurance companies and producers this Monday. Insurance indus

Under the new rules, which take effect July 25, sureties are allowed to charge current state rates under the SBA's Surety Bond Guarantee Program rather than being locked into rates that were set 20 ye

WASHINGTON--Over time, the deficit in the National Flood Insurance Program can be expected to grow by $900 million annually because the program was designed to be subsidized, according to a new Congres

Under the bill, the home state regulator would also be responsible for allocating any taxes collected on the coverage to the other involved states. The legislation makes it easier for sophisticated