Insurers are less inclined to use prior-year reserves to mask losses, according to a financial analysts latest report.

Section 111 data can help Medicare to evaluate the MSP compliance of beneficiaries, insurers, self-insureds and other participants, as well as to establish compliance procedures and sound risk-management practices that maximize Medicares recovery while minimizing the effect on the community involved.

The Risk Management Solutions Version 11 catastrophe model is shifting rates higher, and causing some risks to move from the admitted market back to excess and surplus lines carriers, but a leader of a managing general agent group cited concerns with the models impact on how insurers underwrite risks.

U.S. bond insurer MBIA Inc posted an adjusted loss compared with a year-ago profit, hurt by legal costs, losses on its insured exposures and investment impairments.