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The American Association of Insurance Services, an advisory organization to the property-casualty industry, is filing a new "virus or bacteria" exclusion designed to exclude losses that arise from org
Measure 42, defeated by a margin of 65 to 35 percent, would have barred all use of credit scoring by insurers in calculating premiums. Of the more than 1 million votes cast, 698,613 voted against it,
WASHINGTON--Democrats have seized control of the U.S. House of Representatives, and possibly the Senate, for the first time since 1994 in mid-term elections, which will create a more consumer-oriented
Proposition 103 author Harvey Rosenfield surprised political observers with his endorsement of the GOP candidate, primarily on the issue of campaign funding. Mr. Bustamante accepted and later returned
Insurer and agent leaders must be positively giddy to hear the new top dogs on Capitol Hill vowing to extend TRIA for five years and perhaps even make it permanent--even if their new allies are Democra
In his testimony today before the Senate Judiciary Committee on whether the industry deserves to keep its federal antitrust exemption, Bob Hunter, insurance director for the Consumer Federation of Ame
So, what happens now that Sen. Trent Lott, R-Miss., the industry's newest arch enemy, was elected minority whip for next year's Democratic-controlled Congress? Is the antitrust exemption for insurers
Fiserv Insurance Solutions has announced comprehensive benchmark testing confirmed the performance and scalability of its ID3 life and health policy administration system for Tier 1 insurers. The
Several industry analysts said in notes to clients Wednesday morning that they believed James Webb, leading in Virginia by a small margin, will prevail over incumbent Sen. George Allen; and that Jon
Standard & Poor's Ratings Services lowered its counterparty credit and financial strength ratings on Oil Casualty Insurance Ltd. (OCIL) to "Triple-B-plus" from "A-minus." The New York-based ratings se
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