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The courts dealt the insurance industry two huge blows in the past few days, with brokers and top carrier executives convicted in separate trials--one having to do with bid-rigging, the other with coo
In his second bold regulatory proposal this month, New York Insurance Superintendent Eric Dinallo has again challenged the inertia paralyzing the nation's regulatory scene by pitching a plan to jettis
When we reported yesterday that anti-fraud associations representing both the property-casualty and health insurance sectors will pool their resources to increase detection and prevention of medical c
One clear signal that the insurance industry's reputation is less than stellar is demonstrated by a story about a game show night sent by one of our readers, says NU Editor In Chief Sam Friedman, who
Many insurers--perhaps too eager for a long-term extension of the Terrorism Risk Insurance Act--have signed off on a proposal in Congress to force the industry to cover not only "conventional" events,
Despite anger at AIG for nearly taking down the entire financial system with its credit default swap trading, it makes sense to rethink the terms of Uncle Sam's bailout loan deal if it means getting t
The debate over skyrocketing gas prices and what impact, if any, that should have on auto insurance rates demonstrates that both oil and insurance are industries plagued by a glaring lack of understan
Will those stubbornly lugging around piles of paper to Lloyd's and other traditional insurance markets be replaced by more efficient, tech-savvy capital market players who sip Starbucks coffee while t
In one of the most honest and productive exchanges ever between insurers and regulators--at least in public--one group of panelists at a recent industry gathering talked back to the members of a subsequ
Health care reform proposals pitched by Democrats now running for the White House echo a universal insurance plan introduced by Republican President Richard Nixon back in 1971, recalls NU Editor In Ch
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