Articles by Kevin B. O'Reilly

NCOIL Accepts NAIC Changes to Market Conduct Model

Under heavy pressure from Congress and insurance industry lobbyists to pick up the pace on regulatory modernization, the National Conference of Insurance Legislators (NCOIL) at its summer meeting in Chicago accepted most of the changes to its market conduct surveillance …

Insurance is …

You could doubtless complete that sentence in a hundred different ways, depending on the client or the mood. I thought it would be fun to find out how Google—the world’s preeminent search engine—would finish the thought. There’s a neat Web …

NCOIL Accepts NAIC Changes to Market Conduct Model

Under heavy pressure from Congress and insurance industry lobbyists to pick up the pace on regulatory modernization, the National Conference of Insurance Legislators (NCOIL) accepted most of the changes to its market conduct surveillance model law suggested by the National …

NCOIL Accepts NAIC Changes to Market Conduct Model

Under heavy pressure from Congress and insurance industry lobbyists to pick up the pace on regulatory modernization, the National Conference of Insurance Legislators (NCOIL) accepted most of the changes to its market conduct surveillance model law suggested by the National …

MI-Assistant: On the Brink

From the brink of the dustbin to the brink of a bright future, it’s been a bumpy ride recently for MI-Assistant, the Eleva, Wis.-based agency solutions provider. In the cutthroat world of competitive rating and agency management systems, the company …

Crop Insurers, Agents Unhappy With New SRA

The deadline for crop insurers to agree to the 2005 version of the federal crop insurance program’s Standard Reinsurance Agreement came and went June 30. And while all the 14 insurers who participated in the program last year have signed …

Contractors Program Seeks to Fill Market Need

Litigation around the country concerning contractors’ liability for construction defects discovered after operations are completed has made coverage very difficult to come by for specialty trade contractors, but it has created an opportunity for insurers and program administrators. A new …

New Specialty Trades Program Looks to Exploit Market Opportunity

Litigation around the country concerning contractors’ liability for construction defects discovered after operations are completed has made coverage very difficult to come by for specialty trade contractors, but it has created an opportunity for insurers and program administrators looking to …

‘Middle Market’ Not Immune to Directors & Officers Worries

The Enron, Adelphia, Global Crossing and WorldCom corporate governance and fraud scandals of 2001 and 2002 may seem like a distant and terrible memory, but the public received some harsh reminders recently. Former Enron CEO Ken Lay was finally brought …

Crop Insurers, Agents Unhappy With $36 Million Subsidy Cut for 2005

The deadline for crop insurers to agree to the 2005 version of the federal crop insurance program’s standard reinsurance agreement (SRA) came and went June 30. While all the 14 insurers that participated in the program last year have signed …