February 12, 2007
As president of the National Association of Insurance Commissioners, Alabama Insurance Commissioner Walter Bell has made developing a strategic plan for the national organization of state regulators a top priority. Bell sees a plan that incorporates evaluations on a quarterly …
February 12, 2007
Despite slow-down, industry still anticipates underwriting profits Most insurance industry analysts predict slower P/C premium growth for 2007, according to an Insurance Information Institute’s annual survey of Wall Street stock analysts and industry professionals released each year on Feb. 2, …
February 11, 2007
At a recent meeting of the National Association of Insurance Commissioners, Insurance Journal sat down with 15 insurance regulators to talk about issues affecting their state insurance markets, as well as industry-wide concerns. Regulators addressed their viewpoints on issues ranging …
February 11, 2007
Federal regulation of banking and securities works fairly well, but translating that model to insurance would be a real challenge given the “parochial” nature of state insurance coverage mandates and laws, according to Thomas Hampton, commissioner of the District of …
February 11, 2007
Royal & Sun management buyout approval expected A state hearing officer recommended that Delaware’s insurance commissioner approve the proposed management buyout and eventual dissolution of Royal & Sun Alliance Insurance Group’s U.S. operations. Insurance Commissioner Matt Denn is expected to …
February 11, 2007
Howard Mills, formerly an elected state representative, served the State of New York as its appointed insurance superintendent for the last two years. He stepped in to fill the shoes of Greg Serio when he departed and Mills himself stepped …
February 11, 2007
The insurance industry and its customers must not let down their guard concerning loss prevention despite a mild hurricane season and a quiet time on the terrorism front in the U.S., advises an expert in risk and insurance. “It’s part …
February 11, 2007
Common thread “The common threat that brought us together is terrorism. That was our springboard.” Jonathan Edmondson, operations manager of the British Red Cross, at a meeting in New York of government and American Red Cross disaster experts from New …
February 11, 2007
Plan receives backing from key player in Delaware 9 Tighter steering restrictions in Conn. Conn. AG seeks to fix auto body shop law 9 UNH calculates cyber attack threat Researchers gauge threats posed by hackers, terrorists, foreign nations 10 Risky …
February 11, 2007
The insurance industry and its customers must not let down their guard concerning loss prevention despite a mild hurricane season and a quiet time on the terrorism front in the U.S., advises an expert in risk and insurance. “It’s part …