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Legislation giving the government broad authority to deal with troubled financial institutions, including insurers, passed the House Financial Services Committee.
An effort to put a proposition on the Michigan ballot to change auto insurance regulation is drawing radically different reactions from interest groups.
AIG cannot afford to ignore or delay much longer a response to an analyst's challenges to its reserve adequacy in this crucial renewal season, says NU Editor In Chief Sam Friedman on his blog today at www.NUSamSoapBox.com.
Legislation has been introduced in the Senate that would increase home weatherization assistance for low-income homeowners as a means of catastrophic loss abatement.
Allianz Global Corporate & Specialty Marine Insurance Company announced it has joined in the CargoNet organization that is being formed to combat cargo theft.
Sen. Patrick Leahy, D-Vt., said an amendment to repeal the antitrust exemption that exists for health and medical malpractice insurers will be offered during action on proposed health care reform legislation.
A profitable 2009 for space insurers could mean continued declines in rates for operators of orbiting satellites, a report from Aon's International Space Brokers said.
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