Regulation/Legislation

Opportunity usually arises from tough times. With businesses facing economic uncertainty, CIOs face a challenge to help the enterprise survive the difficult days and thrive when the upturn takes place.

Premiums are not likely to begin rising until early 2010, but federal insurance regulatory reforms before then could mean abrupt price spikes rather than gradual shifts, one leading industry economist has warned.

Florida residents can now access an online Insurance Library, which provides "comprehensive information on financial and insurance issues," Florida Chief Financial Officer Alex Sink announced.

Not only did Eric Dinallo do an excellent job as New York's insurance superintendent in the most difficult of times, but he's destined for far bigger positions down the road, says Editor In Chief Sam Friedman in his blog today at www.NUSamSoapBox.com.

A federal bankruptcy court has sided with Travelers Insurance Company over an attempt by an insured to reach a settlement with asbestos claimants without the approval of the carrier in a scheme the court said could financially benefit the insured.

Lawsuits related to climate change could expand faster than the explosion of asbestos claims and have significant impact on insurers, Swiss Re is warning in a new report.