Newsbriefs

FINITE REINSURANCE REQUIREMENTS ENDED

The Florida Office of Insurance Regulation has withdrawn proposed state-specific requirements regarding the accounting treatment of finite reinsurance, making it...

REP. SEEKS EMERGENCY AID LAW:

Rep. Peter J. Daley, D-Washington/Fayette, said he would introduce a bill that would provide flood insurance premium subsidies and other...

GEICO AND GOOGLE SETTLE:

Google Inc. has settled the last part of a lawsuit that alleging that its online search engine advertising system illegally...

N.C. FARMERS RECEIVE ASSISTANCE

North Carolina farmers who suffered flooding losses from last year’s hurricanes will soon receive disaster-assistance grants from the North Carolina...

DISCOUNT HEALTH INSURANCE PLAN WARNING

Seven North Carolina Better Business Bureaus and 148 Chambers of Commerce are receiving letters of caution from Insurance Commissioner Jim...

GE PLANS SALE OF INSURANCE UNITS:

General Electric Co. likely will sell all of its remaining insurance operations, which include Kansas City-based GE Insurance Solutions, according...

POLICY CANCELLATIONS RESTRICTED

Louisiana Co-mmissioner of Insu-rance Robert Wooley issued emergency orders restricting insurers’ ability to cancel policies due to claims resulting from...

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