You are here:HomeNews CenterInsurance News

Insurance News

Voluntary Products Fastest Growing Insurance Segment

(8/04/2004) The fastest-growing segment of the insurance industry is voluntary benefits -- life, disability and other coverages offered at group rates, but with no employer... full story

Brevik, PIA Staff Meet With Senators Bunning, Sarbanes

(8/04/2004) PIA National staff met on Thursday, July 22 with two members of the U.S. Senate to thank them for their support in getting the recent... full story

Rise in Demand for Terrorism Insurance Attributed to Political Conventions

(7/28/2004) Insurance brokers in Boston and New York are reporting an increase in demand for terrorism insurance, as property owners anticipate greater risks during the wee... full story

Ario and Skelton Testify Before NCSL on Use of CLUE Reports

(7/28/2004) During the recent annual meeting of the National Conference of State Legislatures (NCSL), ChoicePoint Assistant Vice President Jeffrey Skelton and Colorado Insu... full story

NCSL Adopts Policy Resolution for Insurance Regulatory Modernization

(7/28/2004) On Wednesday, July 21, the Standing Committee on Financial Services of the National Conference of State Legislatures (NCSL) met to decide NCSL's policy on the..... full story

NCOIL Working to Develop Uniformity in Market Conduct Examinations Across States

(7/28/2004) Last week, the National Conference of Insurance Legislators (NCOIL) was winding up their model/report efforts to develop a uniform approach to market conduct ex... full story

GAO Recommends Improvements in Fire Safety for Nursing Homes

(7/28/2004) The General Accounting Office (GAO) has issued a report with recommendations on strengthening federal fire safety standards for nursing homes. In 2003, 31 resid... full story

NCOIL Passes TRIA Extension Resolution

(7/20/2004) The National Conference of Insurance Legislators (NCOIL) has adopted a resolution urging Congress to extend the Terrorism Risk Insurance Act (TRIA). The law is ... full story

PIA's Don Flanders Chairs NCOIL Forum on CLUE

(7/20/2004) Don Flanders, chairman of the PIA National Regulatory Affairs Committee, moderated a panel discussion on the use of CLUE (Comprehensive Loss Underwriting Exchan... full story

Funeral Director Accused of Collecting on Prepaid Policies on People Still Alive

(7/20/2004) A funeral director has been accused in a civil suit filed by the state of Missouri of collecting on the prepaid funeral policies of live... full story

Five More States Respond to PIA Call on Insurance and Returning U.S. Soldiers

(7/20/2004) Five more states have responded to PIA's call to make it clear that no U.S. soldier returning from active duty overseas should be denied auto... full story

Allstate Cuts Returning Vets A Break

(7/20/2004) Allstate Insurance Company is beginning to relax its automobile insurance underwriting guidelines for U.S. servicemen and women returning from military deployme... full story

Conning Estimates $14 to $24 Billion Gap in P/C Reinsurance Recoverables

(7/20/2004) A growing gap in expectations between cedants and reinsurers may develop into a critical concern for the industry, according to a new study by Conning... full story

House Subcommittee Approves Measure Barring Banks From Real Estate Brokerage

(7/20/2004) On July 15, 2004 the House Transportation, Treasury, and Independent Agencies Appropriations Subcommittee approved a measure that effectively bars the Treasury ... full story

New Poll Shows Wide Support for Increasing Auto Safety

(7/13/2004) With highway fatalities hitting a 13-year high and rollover crashes on the rise in 2003, nine of ten Americans say they support the federal government... full story

California Department of Insurance Computer Hacked, Agents Notified

(7/13/2004) A California Department of Insurance (CDI) computer server, used for pre-licensing purposes, was accessed without authorization on June 30, 2004. The Department... full story

Some California Wildfire Victims Discover They Were Underinsured

(7/13/2004) Many homeowners in the mountain communities of Southern California discovered in the aftermath of last year's wildfires that their insurance policies were not u... full story

Ten States Have Issued Bulletins on Returning Soldiers' Insurance

(7/07/2004) On May 19, PIA launched a nationwide campaign calling on all state DOIs to make it clear that no insurance company should deny auto coverage... full story

Acuity Named Best Mid Sized Company for Which to Work

(7/07/2004) The Great Place to Work Institute and the Society for Human Resources Management has named Acuity insurance company the best mid-size company to work for... full story

Oregon Says Returning Soldiers Should Not Face Auto Insurance Penalty

(7/01/2004) Oregon is the latest state to issue a bulletin advising that "continuous coverage" underwriting standards should not be applied to U.S. soldiers returning from ... full story