New York Gov.’s Budget Details Banking, Insurance Regulation Merger February 24, 2011 New York Gov. Andrew Cuomo’s proposed state budget contains slightly more money for the new agency he wants to create...
New Jersey Added 27 Insurers in 2010 February 22, 2011 New Jersey saw an increase in the number of new insurance companies doing business in the state, and in carriers...
New York Lawmakers Consider Extending Agents’ Licenses, Other Issues February 14, 2011 By Kenneth J. St. Onge The New York Senate Committee on Insurance is scheduled to hear bills this afternoon that would extend insurance agents’ license...
Mississippi Bill Lets Employers Buy Health Policies from Other States February 9, 2011 The Mississippi House has approved a plan that would allow employers to buy group health insurance policies anywhere in the...
Florida Stops 4 Firms Selling Motor Vehicle Service Agreements January 31, 2011 Florida Insurance Commissioner Kevin McCarty has issued a cease and desist order shutting down a number of insurers for the...
What the Financial Crisis Commission Concluded About AIG’s Failure January 27, 2011 The taxpayer bailout of giant American International Group (AIG) became necessary largely because of AIG’s poor risk management of its...
North Carolina Beach Plan to Retrieve Surplus Returned to Insurers January 24, 2011 By Michael Adams North Carolina Insurance Commissioner Wayne Goodwin has announced a settlement agreement that calls for the North Carolina Insurance Underwriting Association,...
Hudgens Directs Insurers to Exercise ‘Leniency’ After Georgia Storms January 21, 2011 By Michael Adams Georgia Insurance Commissioner Ralph Hudgens has issued an order directing insurers to exercise leniency in dealing with individuals and businesses...
Agent Group Sounds Alarm Over Federal Insurance Study January 19, 2011 By Andrew G. Simpson Congress should refuse to fund a study of insurance regulation that the new Federal Insurance Office is supposed to conduct,...
Texas Insurer Alleges Vendetta by Florida Regulator McCarty January 10, 2011 By Andrew G. Simpson A Texas insurance company and its owner are suing Florida Insurance Commissioner Kevin McCarty, accusing him of being vindictive and...