Regulation/Legislation

Ten insurance trade groups have written representatives of states participating in the Nonadmitted Insurance Multistate Agreement (NIMA) in an attempt to get them on board with what is being called the Kentucky compromise.

Michael McRaith will make his first congressional appearance as head of the fledgling Federal Insurance Office Tuesday when he testifies before a House subcommittee.

The current system of state-insurance regulation stifles product innovation, limits customer choices, increases costs and inhibits the proper functioning of fully competitive markets, according to a report done for the Financial Services Roundtables Cluff Research Fund.

Read fresh information and recaps of this month's news about Florida's people, places, and products.

Securities litigator Paul Ferrillo says standalone corporate investigation coverage may be the best solution for risk managers worried about Dodd-Frank whistleblower implications, but he also provides D&O coverage tips for those that cant afford the standalone solution.

Corporate interests and the plaintiffs bar are using a new Government Accountability Office study on asbestos trusts to renew their battle over whether the trusts should be required to be more specific in disclosing claims-settlement data.