Who made the most “news” as opposed to the most “noise” in 2002? There were lots of candidates, but the ones we’ve selected usually made news because they faced problems or took initiatives that weren’t unique to their own experience, …
The National Conference of Insurance Legislators (NCOIL) has adopted a credit scoring model act, but postponed action on an aftermarket crash parts model act and a proposal to fund consumer representatives at its recent meeting in San Francisco. The National …
A $100 million settlement was reached between the Texas Department of Insurance (TDI) and the Office of Attorney General (OAG) and Farmers Insurance Group on Nov. 30, under which Farmers will continue to offer homeowners insurance in Texas. TDI said …
Who made the most “news” as opposed to the most “noise” in 2002? There were lots of candidates, but the ones we’ve selected usually made news because they faced problems or took initiatives that weren’t unique to their own experience, …
Credit-based insurance scoring has expanded choice in the marketplace for consumers and allowed insurers to more accurately price their products, the American Insurance Association (AIA) told a group of state legislators recently. “Insurance scoring is directly responsible for a larger …
The Alliance of American Insurers called on the Minnesota Department of Commerce to rescind regulations contained in a series of recently issued documents setting forth procedures and filing instructions for companies intending to use credit scoring in underwriting and rating. …
The National Association of Insurance Commissioners (NAIC) has adopted an amendment to its model privacy regulation pertaining to notices for workers’ compensation risk despite unanimous industry opposition. The amendment may now be considered by state insurance departments that have already …
Texas Gov. Rick Perry plans to declare homeowners insurance reform an emergency issue when the 78th Texas Legislature convenes on January 14 and put homeowners insurance at the top of the legislative agenda for state lawmakers. During a visit to …
Michigan’s Office of Financial and Insurance Services (OFIS) Commissioner Frank M. Fitzgerald announced that it will release a report on Monday, Dec. 16 regarding the use of insurance credit scoring in Michigan. “The report follows six public hearings held around …
The Texas Department of Insurance (TDI) and the Office of Attorney General (OAG) announced that a settlement was reached with Farmers Insurance Group on November 30, under which Farmers will continue to offer homeowners insurance in Texas. The agreement effectively …
