Captives

"Given Florida's hurricane problem, I can almost understand why our homeowners' insurance costs so much. But what's the deal with our auto insurance rates?"

World Insurance Forum is listing dealing with global climate change, insurance regulation, and economic and political instability as topics for its next meeting to be held in Bermuda.

Insurers keep shooting themselves in the foot, with the latest example how they handed President Obama fresh ammunition on health insurance reform by sending individual rates soaring, says NU Editor Sam Friedman on his blog at www.NUSamSoapBox.com.

The insurance market for social service facilities on both ends of the age spectrum is experiencing the same soft market conditions already dominating most lines of commercial coverage.

The tsunami set off by the election of a Republican senator from Massachusetts to take Ted Kennedy's place is likely to generate far stronger federal oversight of the insurance industry than would have otherwise been the case.

Negotiations have broken down over a bipartisan financial services reform package in the Senate, leaving Democrats to unveil their own proposal by the end of the month, Sen. Chris Dodd, D-Conn., said today.