The reported increasing popularity of the National Conference of Insurance Legislators (NCOIL) Insurance Scoring Model Act and the publication of two significant studies showing an irrefutable link between credit-based insurance scores and risk of loss have apparently helped to mitigate …
Larger privately held companies can now purchase ForeFront Portfolio and Power Source, executive protection insurance coverages underwritten by the Chubb Group of Insurance Companies. Chubb has expanded the account eligibility for these products to include privately held companies with up …
Late last week a bill to permanently reauthorize the expiring provisions of the Fair Credit Reporting Act (FCRA) and to help consumers combat identity theft was introduced by several members of the House Financial Services Subcommittee on Financial Institutions. Sponsors …
A Senate bill that would reportedly create the country’s most restrictive privacy standards passed the full Senate and is pending in the Assembly, where it was heard June 17 in the Assembly Banking and Finance Committee. Senate Bill 1 would …
The American Insurance Association (AIA) on Thursday urged Congress to renew the Fair Credit Reporting Act and applauded House Financial Services Committee Chairman Mike Oxley (R-Ohio) and Rep. Spencer Bachus (R-Ala.) for their wide-ranging hearing on the need to reauthorize …
The Texas insurance market may continue to experience serious affordability and availability issues if lawmakers cannot find an answer to the state’s insurance crisis that encourages competition and more choices for consumer, according to the National Association of Independent Insurers. …
The Subcommittee on Financial Institutions and Consumer Credit, chaired by Rep. Spencer Bachus (R-Ala.), held a hearing late last week on the importance of the national uniform credit system to consumers and the U.S. economy. “The National Association of Independent …
Insurance reform in Texas is a step closer as the House Insurance Committee approved legislation that will address some of the root causes of the homeowners insurance crisis, however it is reportedly not likely to lead to an environment that …
AIG eBusiness Risk Solutions (AIG eBRS), a unit of the property and casualty subsidiaries of American International Group, Inc. (AIG) has enhanced its AIG NetAdvantage® Suite of network security insurance and risk management services to address the increasing exposure to …
The Insurance and Technology Conference, sponsored by Insurance Services Office, Inc. (ISO), will be held Nov. 2-4 at the Disneyland Hotel in Anaheim. Dr. James Canton, futurist and author, will be the keynote speaker, discussing: RealTime: Creating Competitive Advantage in …
