A panel formed to assess the state of coastal homeowners insurance in New York met for the first time earlier this week, with agent and regulatory representatives noting that there remains an affordability issue in some regions in the state.
A New York State Senate Insurance Committee staff member said the Senate may consider no-fault fraud legislation this session after the State Insurance Fraud Bureau reported a 9 percent increase in no-fault auto system fraud in 2009.
Argo Group US, a subsidiary of Argo Group International Holdings, Ltd., appointed former ACE Westchester executive Louis Levinson to head up the Argo Group's E&S segment.