News

The New York Insurance Department has finally been accredited by the National Association of Insurance Commissioners after operating for nearly two decades without NAIC's official seal of approval.

Vice President Joe Biden told a meeting of insurance regulators that health care reform can be accomplished without harming the health insurance industry.

Leading insurer and brokerage executives, regulators and top analysts will address the major challenges.

A probe of credit rating agencies was announced by the California Attorney General's Office right before his targets were called on the carpet during the National Association of Insurance Commissioners conference last week.

The Florida Office of Insurance Regulation and the Bermuda Monetary Authority have signed a memorandum of understanding, Florida Insurance Commissioner Kevin McCarty said.

Low pricing conditions are expected to continue into next year as more capital begins flowing back into the insurance market and the economy improves, Guy Carpenter's chief economist said.