Regulation/Legislation

A state audit released in January could spark a fierce legislative battle this spring and raises additional concerns about the viability of both Citizens Property Insurance Corp. and the Florida Hurricane Catastrophe Fund (Cat Fund).

Workers' compensation reforms passed in Texas during the early and mid part of the last decade have led to a trend of decreases and stabilization in the medical costs per claim, according to the Workers' Compensation Research Institute.

Laws banning the use of hand-held phones while driving have failed to reduce crashes, according to research conducted by the Highway Loss Data Institute.

Indiana's Republican Gov. Mitch Daniels ordered his state's insurance department not to participate in a National Association of Insurance Commissioners climate risk survey, one official said.

House Democrats are planning a vote next week on legislation that would repeal the McCarran-Ferguson Act anti-trust laws exemption for health care and medical malpractice insurers.

A predictive data company said U.S. auto insurers are inquiring about alternative ways to rate auto insurance risks without credit record data.