Regulation/Legislation

Authorities issued a "Scam Alert" yesterday warning that imposters were posing as insurance department employees targeting agents and brokers in Nevada and California seeking confidential personal data.

Political infighting has left the Texas Department of Insurance facing the possibility of being abolished through legislative inaction, but industry officials say there is no crisis at the moment.

The chief executive of Zurich-based ACE Limited reasserted that U.S. insurance regulation by states should end, citing the hit-and-miss quality of individual venues as one reason for his position.

Public sector entities are seeing more lawsuits over issues such as school violence, police brutality and global warming as the financial crisis deepens and plaintiffs look for deep pockets, experts advised.

The Nevada legislature has overridden Gov. Jim Gibbons' veto of a workers' compensation bill that would, in part, dictate the use of the 5th Edition of the American Medical Association (AMA) Guides to the Evaluation of Permanent Impairment.

As Tech Decisions celebrates its 10th anniversary, the editors have selected the 10 top technology trends the insurance industry has experienced over the last decade.