A research firm's finding that closing a loophole for offshore insurers could cost U.S. consumers over $10 billion per year has sparked a heated debate involving some of the nation's biggest coverage buyers and sellers.

The recession may actually have an upside for workers' comp insurers, because contrary to popular belief, fewer people are likely to be injured on the job in an economic downturn, one expert revealed.

Conditions are ripe for a hardening market, but economic realities may not allow that to happen right now, a senior executive with CNA predicts, calling for independent agents to focus on delivering better service and added value as risk managers.

Out of all the economic problems facing insurers and their agents these days, the prospect of runaway inflation spurred by massive government spending is the biggest long-term threat, top CEOs warned.

AIG CEO Ed Liddy might have a lot of explaining to do when he is dragged before Congress once again on May 13 about his perks, says NU Editor In Chief Sam Friedman in his blog today at www.NUSamSoapBox.com.

ORLANDO, FLA--The National Council on Compensation Insurance management said yesterday it expects to start using its new methodology for occupational risk classification on Oct. 1.

WASHINGTON--The Government Accountability Office said in a report released yesterday that inconsistencies remain in state licensing of insurance producers.

ORLANDO, FLA--More than 75 percent of workers' compensation physical impairment ratings are incorrect because doctors "are not held accountable."