News

It was a mistake for President Obama to cancel his NAIC speech to attend fundraisers in town instead, when he should have been rallying the regulatory troops on health reform, says NU Editor In Chief Sam Friedman in his blog today at www.NUSamSoapbox.com.

A nonprofit organization in support of the Homeowners Defense Act is using the anniversary of Hurricane Katrina to remind lawmakers the country is no better off today.

European insurers' exposure to certain heavily indebted countries within the eurozone is not expected to weigh down those insurers' credit profiles, Moody's Investors Service said in a Special Comment.

The insurance brokerage sector remains financially solid despite the weak U.S. economy and soft commercial property and casualty insurance market, Moody's Investors Service said.

The Florida Office of Insurance Regulation (OIR) has asked the state's commercial and residential property insurers to collect and submit sinkhole claims--a cost driver insurers have said is swallowing underwriting profits.

Two women are facing charges after faking a fall in order to collect a hefty settlement from a Florida grocery store.