Litigation

Florida Insurance Commissioner Kevin McCarty would like to begin surveying the state's insurance companies to get a grasp of one of the largest non-catastrophe cost drivers in Florida: sinkhole claims.

A federal appeals court has vacated the decision by a district court three years ago to dismiss antitrust and racketeering complaints against numerous insurers and brokers allegedly involved in a bid-rigging scheme with Marsh & McLennan.

A case involving the alleged inappropriate donations of two insurance companies and political actions committees to Insurance Commissioner John Oxendine could be referred to the state prosecutor for investigation.

A New York agent association said it will continue to provide input to the state insurance department despite being excluded from groups that received a circular letter draft on the state's planned producer compensation regulation.

The New York State Insurance Department (NYSID) has distributed an advance copy of a draft circular letter on its planned producer compensation disclosure rule to agent groups but excluded

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.