As what could become one of the most competitive election seasons in recent Texas history takes shape, it should come as no surprise that the homeowners crisis affecting consumers virtually statewide has taken on prime political importance. With both a …
As what could become one of the most competitive election seasons in recent Texas history takes shape, it should come as no surprise that the homeowners crisis affecting consumers virtually statewide has taken on prime political importance. With both a …
The 2002 session of the South Carolina legislature wrapped up last week on a positive note for the insurance industry, which saw victories on issues including credit scoring, commercial modernization, and producer licensing, according to the National Association of Independent …
South Carolina Director of Insurance Ernst Csiszar has issued a bulletin stipulating under which circumstances credit scoring may be used to underwrite and rate auto insurance policies. Backed by the American Insurance Association (AIA), the bulletin does not allow a …
Credit-based insurance scoring, speed to market, and market conduct are areas of opportunity at the upcoming meeting of the National Association of Insurance Commissioners (NAIC) for regulators to act on their commitment to a modernized insurance regulatory system, according to …
The Indiana Department of Insurance will hold back-to-back public hearings on two proposed rules on June 13. At 10:00 a.m. the department will hold a hearing on a proposed amendment to 760 IAC 1-50 regarding insurance agent continuing education. At …
Outside of credit-based insurance scoring, which was the subject of extensive negotiations, the state legislative session that concluded last week passed few matters of concern to the insurance industry, according to the National Association of Independent Insurers (NAII). “While we …
Texas Governor Rick Perry announced recently that he favors placing the Texas homeowners insurance industry under total rate oversight by the state. His remarks were partly in response to a report by Texas attorney general John Cornyn, which showed some …
Michigan Office of Financial and Insurance Services (OFIS) Commissioner Frank M. Fitzgerald announced his office will hold public hearings during June and July to gather information on the use of consumer credit history to set insurance rates and the effect …
Skirmishing over credit-based insurance scores occupied much of the attention of the 2002 Alaska legislative session that ended last week with legislators failing to come to any agreement on the issue. The Legislature then went into a special session on …
