An organization of state lawmakers is moving ahead toward adoption of a “model law” designed to encourage the sale of private flood insurance, even though insurers don’t think any new state laws are necessary and agents think the current draft …
While Congress works on various reforms to the National Flood Insurance Program (NFIP), the time is ripe for the private insurance market to step up and play a greater role in providing Americans needed flood coverage. Last month in Salt …
Though the number of physician dispensed prescriptions has declined considerably from just a few years ago, the workers’ compensation industry continues to battle a market seeking to maintain high prices by changing drug strength and formulations. The impact of physician …
The United States and European Union have scheduled a ceremony for today for the signing of a bilateral agreement on prudential insurance and reinsurance measures. Both sides announced in July their intention to sign the agreement, also known as a …
A state representative from North Dakota, who serves on the Workers’ Compensation Insurance Committee at the National Conference of Insurance Legislators (NCOIL), says he’s concerned about reserves for paying claims in workers’ compensation opt-out plans. During a July 2016 meeting …
The Treasury Department has named 21 individuals including state regulators, insurance executives, college professors and consumer advocates to serve as members of the Federal Advisory Committee on Insurance (FACI). The FACI provides advice to the Federal Insurance Office (FIO), which …
“The National Conference of Insurance Legislators (NCOIL) took positive steps this weekend during its spring meeting outlining key areas where state legislators and regulators can impact the international dialogue on insurance regulation,” according to the Property Casualty Insurers Association of …
