Regulation/Legislation

The group self-insured trust workers' compensation program in New York should be terminated, as the risks inherent in the group model outweigh the benefits, according a task force report

Despite the urgings of Florida Insurance Commissioner Kevin McCarty and other state leaders, Gov. Charlie Crist has vetoed an omnibus property insurance bill passed at the close of the 2010 legislative session.

As the insurance industry embraces the use of social media as a marketing tool, it must consider risks that are unique to the insurance industry.

State Farm Mutual Insurance Company said it plans to stop handling claims for the National Flood Insurance Program but will continue writing policies.

The battle by congressional Democrats to limit the damage from major cuts imposed through the health care reform law to the politically popular Medicare Advantage program has started.

William Berkley, who heads a group of U.S. insurers working to close what they see as a tax loophole for foreign insurers, suggested that critics are launching empty threats to thwart his coalition's efforts.