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NCOIL Vice President Brian Kennedy said in a letter to Walter Bell, president of the National Association of Insurance Commissioners, that the NAIC is "abusing the use and purpose of executive session
While it's a shame to have to send a 72-year-old man to prison, ordering serious jail time for former class-action king Melvyn I. Weiss was an important warning to deter other plaintiff attorneys temp
WASHINGTON--A spokesman for State Farm said that although the company is cooperating with a federal investigation into the handling of flood claims in the wake of Hurricane Katrina, unlike other insure
The commission also issued recommendations it said could help to minimize the costs and impacts of future mega-catastrophes, help pay the costs of these events in a fairer and more efficient manner, a
A consulting firm poll has found that public and private companies have received a record number of inquiries from potential board members who had concerns about their current directors and officers (
ComputerWorld recently reported on the theft of yet another laptop computer that contains vital, sensitive, private information on innocent people. It seems there's no end to these incidents, but the
Also sounding an alarm was Frank Nutter, president of the Reinsurance Association of America, who said the insurance industry is at "great risk" if it does not understand global climate variability an
Greg Case, president and chief executive officer for the Chicago-based firm, said the company was able to achieve growth despite the challenges of a soft market that he said would continue and intensi
The rules, he said, "will help the Office of Insurance Regulation ensure that hurricane claims are paid in a timely manner and that all future rate filings are signed by company executives swearing un
As the session moved toward adjournment today the House was to debate a separate bill that includes a measure strongly supported by the governor to prohibit the establishment of future Florida-only su
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