News

New York-based insurance brokerage Integro announced it has hired a former New York Insurance Department deputy superintendent who helped draft the state's controversial disclosure rules, as its chief compliance officer.

The Maryland legislature has rejected legislation that would have imposed an outright ban on the use of credit information in rating automobile insurance.

The California Insurance Department rejects an argument by insurance groups that its rules concerning investments with Iran-linked companies are illegal, a representative for the agency said.

The National Flood Insurance Program was once again allowed to lapse last week, a victim of a feud between the House and Senate over proposed legislative changes.

The Commercial Insurance Agency of the Year Award program, run for the past eight years exclusively by National Underwriter, is being expanded and managed in partnership for the first time with its sister publication.

State legislators and insurance regulators have agreed to work together to find state-based solutions to modernize certain areas of insurance oversight, rather than seek a federal solution.