Government News

NAII Claims Utah Ruling Was Flawed

A Utah Supreme Court decision reinstating a $145-million punitive damages award against State Farm Mutual Automobile Insurance Co. in a...

LLOYD’S AGREES ON FUNDS

Lloyd’s of London reached an agreement with the New York Insurance Department in conjunction with the National Association of Insurance...

NAII PUSHES FOR MODERNIZATION

The National Association of Independent Insurers (NAII) is urging the National Conference of State Legislatures (NCSL) to support a model...

NAIC ADOPTS RE MODEL ACT

The National Association of Insurance Commissioners recently adopted the Special Purpose Reinsurance Vehicle (SPRV) Model Act. The act will provide...