Regulation/Legislation

The Council of Insurance Brokers of Greater New York said it will join the legal effort to defeat New York's compensation disclosure rule for agents and brokers.

It has not been a good month for Chinese product manufacturers, with a pair of court rulings going against companies based in China making drywall and toys.

Back on April 5 in this space, I complained about how most people are clueless about the cost and advantages of employer-paid group health insurance.

Two years after the Massachusetts personal auto market opened up to allow rate competition among insurers, industry representatives have hailed the entrance of new companies, new products and services offered to consumers.

President Obama today criticized opponents of financial services reform, saying failure to enact such legislation "would be leaving taxpayers on the hook if a crisis like the one we've just seen ever happens again."

Congress finally approved legislation last night that reinstated the National Flood Insurance Program. President Obama signed the measure into law within an hour after the House passed it.