Regulation/Legislation

American International Group this week in SEC filings said federal salary restrictions prevent it from being competitive in a defense of the millions it pays management.

Two insurance industry groups said they will hold a conference on April 21 in East Elmhurst, N.Y. to identify the scope of fraud in New York State, and its impact on consumers and potential reforms

Florida Insurance Commissioner Kevin McCarty's office has issued two separate cease-and-desist orders to companies for selling unauthorized surety insurance.

The Senate has voted to limit debate on a multi-faceted bill including an extension of the National Flood Insurance Program through April 30, while talks continue on giving the program a longer life.

The Senate has voted to limit debate on a multi-faceted bill including an extension of the National Flood Insurance Program through April 30, while talks continue on giving the program a longer life.

Enactment of the new health care reform law has already spawned fraud schemes by which individuals are seeking to sell bogus policies through 1-800 numbers and by going door-to-door, federal regulators are warning.