Regulation/Legislation

Employers face a risk of being held vicariously liable if they permit employees to use company-owned cellular phones or mobile devices while driving, an insurer warned.

With health care reform legislation now stalled in Congress, actuaries asked lawmakers not to push forward with the measure if it removes the antitrust exemption for medical malpractice insurers.

After years of downward trending, securities suits jumped 13 percent in 2009, adding to a dramatic increase in litigation at the peak of the economic crisis in 2008, Advisen Ltd. said.

The Obama administration's proposed new tax, that would hit insurers with assets of $50 billion or more, will have a modest dollar cost and credit impact on the insurance industry, Moody's Investors Service said.

Workers' compensation costs per claim for injured employees' medical care grew rapidly in California in 2006 and 2007 after years of post-reform decreases, according to a new study.

Property and casualty insurers could easily be trapped in the "wave of political populism" sweeping the country in the wake of the nation's economic and leadership crises, an insurers' association leader warned