News

Florida Insurance Commissioner Kevin McCarty takes another leadership position with NAIC.

The insurance industry will undergo increasing consolidation as part of the fallout from government intervention and potential tax law changes following the financial crisis, a consulting firm is advising.

Language contained in insurers' own claims manuals may void policy exclusion provisions insurers have used to deny homeowners' Chinese drywall damage claims, an insurance law expert testified.

State legislators have slammed a National Association of Insurance Commissioners proposal for regulatory reform as a measure permitting federal authorities to take over their insurance lawmaking function.

Great minds think alike. That was Caroline McDonald's reaction after reading Maureen Dowd's column in the New York Times on the Tiger Woods' PR debacle. Check it out at www.NoRiskZone.com .

Primary property and casualty insurers will need to increase rates in 2010 as they will continue to see poor returns on their investments next year, Swiss Re's top economist predicts.