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It's hard to predict the future without a crystal ball. In terms of what insurance carriers do, when predicting how things will turn out the data is their crystal ball.

An official with the Federal Emergency Management Agency told insurance commissioners that Congress' failure at long-term renewal of the National Flood Insurance Program could jeopardize the participation of carriers in the program.

A five-year National Flood Insurance Program extension bill passed by the House in July is unlikely to pass the Senate before the program's next scheduled expiration on Sept. 30, representatives for two Washington-based agent groups said.

A New York agent association said it will continue to provide input to the state insurance department despite being excluded from groups that received a circular letter draft on the state's planned producer compensation regulation.

The ongoing recession has hit workers' compensation carriers hard, causing nearly a quarter of the market's premiums to evaporate and cutting profitability by as much as half in the past two years, experts in the field reported here.

Regulators adopted a medical loss ratio form that leans more toward a narrow medical loss ratio (MLR) definition opposed by the industry, but the discussion revealed sharply divided opinions on the federal reforms.

AA&B goes behind the scenes of Lollapalooza with Jerid Schmickle, director of underwriting for Fireman's Fund Entertainment, and James Chippendale, partner at CSI Entertainment Insurance.

Merit Smith, vice president with the Robert E. Nolan Co., discusses the problems insurers face in dealing with their data as they employ predictive analytics. Smith speaks with Bob Hyle, editor-in-chief of Tech Decisions magazine.Merit Smith, vice president with the Robert E. Nolan Co., discusses the problems insurers face in...