The Treasury Department said today that it expects the combined costs of the Troubled Asset Relief Program and other aid to American International Group will be "about $30 billion."

A coalition of insurance agent groups is asking the National Association of Insurance Commissioners (NAIC) to exclude commissions from a new medical loss ratio (MLR) requirement in the health care law.

The lack of certainty in regulation is one of the biggest challenges facing the global insurance and reinsurance industries, Lloyd's Chief Executive Richard Ward warned here.