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The National Association of Insurance Commissioners has written key House lawmakers telling them that a plan to create a federal agency for health care insurance oversight would be costly and unnecessary.
The North Carolina General Assembly has approved legislation aimed at ensuring the solvency of the state's property insurer of last resort if it suffers major losses resulting from a hurricane.
The National Conference of Insurance Legislators has amended its model credit scoring legislation to require that insurers give a break to people hit by extraordinary events such as job loss and serious illness.
A weather forecaster is warning Southeast and Gulf Coast residents to be alert next month for quick forming tropical storms that could materialize with little warning as summer temperatures rise.
For only the second time in five-and-a-half years, average directors and officers liability insurance prices for all types of buyers may show an uptick for second-quarter 2009, a broker predicted.
Teresa Miller has been appointed administrator of the Oregon Department of Consumer and Business Services Insurance Division. She has been in the post in an acting capacity since November 2008.
Proposed legislation to create a U.S. Consumer Financial Protection Agency should be revised to eliminate mortgage, title and credit insurance, a coalition of insurance trade groups has written Congress.
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