Regulation/Legislation

The California Insurance Department rejects an argument by insurance groups that its rules concerning investments with Iran-linked companies are illegal, a spokesman for the agency said.

While Democrats tout consumer protections in the health care reform law, most people with group health coverage don't appreciate they already enjoy such benefits, says NU Editor Sam Friedman in his blog today at www.NUSamSoapbox.com.

Five insurance trade groups have filed a petition asking California officials to review whether the state insurance commissioner created "illegal underground regulations" concerning Iranian investments.

Insurance fraud in New York's no-fault auto system increased almost 9 percent between 2008 and 2009, according to a New York State Insurance Fraud Bureau report.

President Obama has completed the first stage of his health reform initiative by signing H.R. 4872, the companion legislation to the bill that created the Patient Protection and Affordable Care Act.

The National Flood Insurance Program has been allowed to expire once again, a victim of a feud between the House and Senate over proposed legislative changes for NFIP.