"Insurers are broadening coverage terms and conditions, thereby effectively creating greater net price reductions," he added. "Some large admitted carriers are broadening the class codes they write

At the summer meeting of the National Association of Insurance Commissioners earlier this week, a subgroup of the Valuation of Securities Task Force reported that there is really no alternative to SVO

Michael Moran, American Insurance Association public service director, said Mr. Morelle for the most part has taken stands in favor of the insurance industry, sometimes against the wishes of his fello

In acting, the NAIC was responding to consumer representatives' criticism that the models have led to unnecessary insurance rate increases after the storms of 2004 and 2005. The decision was made at t

SAN FRANCISCO--Property-casualty insurance industry representatives have expressed concerns at the National Association of Insurance Commissioners meeting here about the NAIC's new procedure for develo

SAN FRANCISCO--Insurance regulators meeting here said they have experienced difficulties but will continue efforts to develop a market conduct annual statement database, despite industry concerns it po

SAN FRANCISCO--Insurance regulators meeting here said they have experienced difficulties but will continue efforts to develop a market conduct annual statement database, despite industry concerns it po

At the closing session of the National Association of Insurance Commissioners summer meeting, industry representatives resisted entreaties that a series of interrogatories related to global warming sh