State insurance regulators Sunday delayed for at least four weeks action on a resolution that would support the demand by insurance agents for an exemption from the medical loss ratio provision of the health care reform law.

Illinois Insurance Director Michael McRaith was appointed as the first director of the Federal Insurance Office, a move that drew praise from insurance industry members.

A House panel will conduct a second hearing on the National Flood Insurance Program April 1 and mark up draft legislation April 6, according to officials briefed on the plan.

The Supreme Court will hear oral arguments March 29 in what is being classified as one of the largest sex-discrimination or employment-practices liability cases in history.

Officials of the National Conference of Insurance Legislators are reiterating their support for comprehensive legislation they drafted as the proper vehicle for implementing the surplus-lines and reinsurance law enacted by Congress last year.

A House panel will conduct a second hearing on the National Flood Insurance Program April 1, and mark up draft legislation April 6, according to officials briefed on the plan.

States continue to interfere with the lawful operation of risk retention groups and federal legislation is needed to stop the practice, the National Risk Retention Association is telling the Government Accountability Office.

Kentucky, New Mexico and Ohio have become the first states to enact comprehensive legislation implementing the surplus lines and reinsurance reform and modernization law.