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The battle with state insurance regulators over implementation of the surplus lines modernization law has begun as several insurance trade groups voiced strong objections to the National Association of Insurance Commissioners' proposal.

As the population of "baby boomers" born between 1946 and 1964 heads closer to retirement, many face the reality that their years of hard work have not provided enough for a comfortable retirement.

The Centers for Medicare and Medicaid Services has agreed to delay until January 2012 certain mandatory reporting requirements for workers' compensation cases under the Medicare Secondary Payer law.

The NAIC is considering amending the NAIC Model Risk Retention Act to require the states of domicile to follow the NAIC's governance model governing RRGs, an attorney for a risk retention group association said.

Midwest Employers Casualty Company, a St. Louis, Mo.-based excess workers' compensation insurance carrier, announced the appointment of Tom Lentz as vice president, chief financial officer, effective immediately.

The National Association of Insurance Commissioners' just released 2008 Homeowners Insurance Report provides national and state-specific data on market distribution and average cost by policy form and amount of insurance.

Legislation will likely be introduced in the Senate this week to repeal a provision of the health care reform law mandating that a form-1099 be filled out for all payments made for goods and services by small businesses.

The American Academy of Actuaries announced that Mary Frances Miller, a consulting actuary with Select Actuarial Services in Nashville, Tenn., became the group's new president.