The consumer liaison program promotes consumer representation and interaction with the NAIC members by providing funding for qualified consumer representatives to participate in NAIC meetings.

Fitch has revised its sector outlook on the U.S. property and casualty insurance industry to stable from negative for both the commercial lines and personal lines sectors.

Property and casualty rate reductions continued in August, but the degree of reductions has moderated, according to MarketScout.

The credit outlook on the reinsurance industry remains negative, Moody's Investors Service said in its recent report, "Global Reinsurance Outlook," as fundamentals are expected to weaken in the future.

Willis Group Holdings said yesterday that it will appeal last week's decision by India's Insurance Regulatory & Development Authority (IRDA) to not appprove the license renewal application of the broker's joint venture in India.

The Independent Insurance Agents & Brokers of New Jersey will hold its 117th Annual Business Meeting & Networking Event at Dolce Seaview Resorts in Galloway, N.J., just outside of Atlantic City, Sept. 12-14.

A British official endorsed a European Union plan to coordinate financial services supervision, including insurance, across EU member countries through new watchdog agencies, according to an article in the New York Times.

An increasingly popular strategy for creating a retirement income fund during the recession is the tried-and-true universal life insurance policy.