Regulation/Legislation

Strict new capital rules for European Union insurers could be delayed after talks aimed at ironing out disagreements over the final shape of the so-called Solvency II regime ended fruitlessly, Britain's insurance industry lobby said.

A senior member of the House Financial Services Committee today asked the Federal Insurance Office to conduct a comprehensive review of the operations and structure of the National Association of Insurance Commissioners.

A combination of higher coastal populations, artificially suppressed rates for last-resort insurers, and the inability of insurers to charge rates commensurate with risk along the coast has driven the residual property market in hurricane-exposed states to new peaks in both exposure value and policy levels, says the Insurance Information Institute....

A combination of higher coastal populations, artificially suppressed rates for last-resort insurers, and the inability of insurers to charge rates commensurate with risk along the coast has driven the residual property market in hurricane-exposed states to new peaks in both exposure value and policy levels, says the Insurance Information Institute....

State legislatures continue to provide P&C insurers with new mandates. Whether directed at claims or underwriting, these mandates have a strong focus on the consumer.

State legislatures continue to provide P&C insurers with new mandates. Whether directed at claims or underwriting, these mandates have a strong focus on the consumer.