State legislators have slammed a National Association of Insurance Commissioners proposal for regulatory reform, charging it would permit federal authorities to take over their insurance lawmaking function.

Consumer advocates face an institutional bias at the National Association of Insurance Commissioners because they lack the people and money to level the playing field in lobbying regulators.

Language contained in their own claims manuals might void policy exclusion provisions insurers have used to deny Chinese drywall homeowners claims, according to an insurance law expert.

Four consumer groups are blasting the Independent Insurance Agents and Brokers of New York for their threat to sue the state insurance department over proposed compensation disclosure regulations.

Insurers are increasingly offering products and promoting behavior that address the growing risk of climate change, according to presentations delivered at an insurance regulators' Climate Risk Summit.

The regulator leading the National Association of Insurance Commissioners effort to get insurers' climate change information said companies will be given lots of leeway in responding.

Insurers are increasingly offering products and promoting behavior that address the growing risk of climate change, according to presentations delivered at an insurance regulators' Climate Risk Summit.

A key insurance regulator said insurers will be pursued for climate risk data by the National Association of Insurance Commissioners even if their state of domicile doesn't ask for it.