Regulators' interest in insurers' use of credit-based insurance scores produced lively reaction from insurance association representatives and a consumer advocate during a committee meeting on property and casualty insurance issues.

An official with the Federal Emergency Management Agency (FEMA) told insurance commissioners that Congress' failure at long-term renewal of the National Flood Insurance Program (NFIP) could jeopardize the participation of carriers in the program.

Looking to avoid a repeat of the problems that nearly took down American International Group, a regulator said insurance commissioners are looking to state legislators to

A meeting of insurance regulators and state legislators was interrupted by protestors who say health insurance company lobbyists are working to block states' efforts to implement the recently passed health care reform legislation.

The global insurance marketplace needs to develop better regulatory language to help facilitate the insurance trade between the United States and its European partners, according to industry experts.

A regulator called the risk-based capital requirements for domestic reinsurers "draconian" after representatives from the Reinsurance Association of America said their obligations outweigh the rest of the industry's commitments.

Effectively addressing workers' compensation claims involves two elements: personally reviewing injuries and making decisions that help individual employees recover faster while saving money in the process.

American International Group announced last week it will sell its majority interest in its consumer lending business, American General Finance, and take a pre-tax loss of $1.9 billion in the third quarter from the transaction.