Regulation/Legislation

Ben Nelson echoed the sentiments of the National Association of Insurance Commissioners' leadership in his first public press conference as new CEO of the organization by casting the desired relationship with the federal government as one of a partnership, not one allowing incursion, pre-emption or even dual regulation.

Corn farmers are getting the lion's share of U.S. crop insurance payments on losses caused mainly to drought last year - 63 percent of the record $12.3 billion paid so far, the Agriculture Department said on Monday.

Insurance interests in Washington are both publicly and privately ecstatic over the decision of the National Association of Insurance Commissioners to name former Nebraska Sen. Ben Nelson as its new chief executive officer.

The commonwealth of Virginias Senate General Laws Committee defeated a bill that would have allowed local municipalities to bill insurers for emergency services at crash sights.

The National Association of Insurance Commissioners says it has named former Nebraska Senator Ben Nelson as its new chief executive officer.

The Terrorism Risk Insurance Act isnt set to expire until the end of 2014, but that doesnt mean it wont be an issue in 2013.