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The call for regulators to open up sessions came at the recently concluded NAIC session in San Francisco during a discussion of the organization's development of a new procedure for enacting model
Attorney General Wayne Stenehjem's ruling Friday, in response to a request by North Dakota Reps. George Keiser, R-Bismarck, and Frank Wald, R-Dickinson, found that North Dakota's open meetings law
While regulators continued to grapple with the issue of modifying the 100 percent collateral requirement for alien insurers, they seemed unable to decide on whether to incorporate the issue into a
The high court's decision is consistent with a similar reading of the law by the Missouri Supreme Court earlier in the week. That court ruled Tuesday against the City of St. Louis over who should pay
Mr. Hood's legal action claiming bad faith by State Farm related to the collapse of a federal class action settlement for policyholders with Hurricane Katrina claims in three coastal counties is more
The purpose of the conference at the Marriott Hotel in Marco Island, Fla., is to help better define problems and work toward viable solutions, PIA said. Joining PIA in hosting the event are the PIA of
Allstate consumers will receive a lower premium as a result of the 5 percent increase. Allstate will alter premiums "according to the deductible increase," said April Eaton-Robinson, spokesperson for
The findings, prepared by the Northbrook, Ill.-based insurer's actuaries based on the company's automobile policyholders, found the average driver in Sioux Falls will experience an auto collision ever
Allstate's first hurricane-linked catastrophe bond was given a Standard and Poor's "double-B-plus" rating yesterday as the firm joined a long list of carriers to use that mechanism for backup reinsura
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