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U.S. Insurance Groups Frustrated With IAIS
U.S. insurers continue to express frustration with the International Association of Insurance Supervisors...
Labor Dept.: Insurance Jobs Up in July
The insurance industry gained 3,500 jobs in July 2017 over June 2017.
NAIC Reports to Congress on Antifraud Efforts
A hearing on insurance fraud was held Aug. 3 by the U.S. Senate Subcommittee on Consumer Protection, Product Safety, Insurance, and Data Security.
Congress Gets No Respect?
Congress is like the late comedian Rodney Dangerfield
Congress Shouldn’t Ignore Insurance Commissioners
Antitrust attorney David Balto said Congress made a “serious mistake” in the September hearings...
Florida Dodges Another Hurricane Bullet
On Nov. 30, the Atlantic hurricane season ended...
Driverless Car Gets Robotic Hand for Gestures
In the six years that Google’s prototype driverless cars have been on the road...
Prudential to Offer Life Insurance to People With HIV
California Insurance Commissioner Dave Jones said Prudential Financial Inc. is the first major insurer...
Buying a Drone for the Holidays? Don’t Forget Insurance
Consumers who plan to purchase a drone during the upcoming holiday season should review their insurance coverage, according to Pennsylvania Insurance ...
Former Maryland Insurance Exec Gets 37 Years
Delaware Insurance Commissioner Karen Weldin Stewart announced that former insurance company executive Jeffrey B. Cohen...
UnitedHealthcare Cuts Some ACA Agent Commissions to Zero
UnitedHealthcare, the nation’s largest health insurer, announced that it will stop paying sales commissions to...
Second Report for State Insurance Departments
The National Association of Insurance Commissioners has released the second volume of the 30th edition of the Insurance Department Resources Report. The report ...
Treasury and IRS Seek Comment on "Cadillac Tax" Rules
A tax on employer-provided, high-value health benefits packages, generally referred to as the "Cadillac Tax," is set to impose a 40 percent tax on the excess ...
Cyber Insurance Uptake Increased in 2014
The number of clients purchasing standalone cyber insurance for the first time rose 32 percent in 2014 from 2013, according to the latest "Benchmarking Trends: ...
Another Health Insurer Is Hacked
Premera Blue Cross, a health insurer based in the Seattle suburbs, announced March 17 that it was the victim of a cyberattack, which could have exposed the ...
Sarah Sun Named 2015 PIA National CSR of the Year
Sarah Sun of Klinger & Associates in Germantown, Maryland, was named the 2015 PIA National Customer Service Representative of the Year...
PIA Endorses the Policyholder Protection Act
PIA has endorsed the Policyholder Protection Act of 2015 (S.798/H.R.1478), introduced by Senator David Vitter (R-La.) and Congressman Bill Posey (R-Fla.)...
P/C Rates Edge Up in July
In July, commercial property and casualty insurance rates rose 1 percent on average, compared to rates in June, according to MarketScout...
NAIC Meets This Week, Cybersecurity Bill of Rights to Be Considered
The National Association of Insurance Commissioners will hold their 2015 summer meeting from August 14 to August 18 in Chicago, Illinois...
Agents Win: Groundbreaking Research by The PIA Partnership
Extensive nationwide research conducted by The PIA Partnership has found that small business owners strongly prefer independent insurance agents as they make ...
Millennials Value Face-to-Face Meetings
Born roughly between 1980-2000, Millennials are often portrayed as preferring texting to talking and online to real life...
Agent and Broker Employment Up 3.1 Percent in Last 12 Months
The latest U.S. Labor Department's Bureau of Labor Statistics (BLS) data for June 2015 shows that, on a year-over-year basis, virtually every subsector of ...
Fiduciary Rule to Go Into Effect June 9
A controversial Obama-era rule for financial advisers will be implemented June 9.
Lloyd’s to Stay in London, Cuts Mulled
Lloyd’s of London will stay in London, but there may soon be fewer people working there. Following the U.K.’s vote in favor of exiting the European Union, ...
Florida Hurricane Fund in Best Shape Ever
The Florida Hurricane Catastrophe Fund should have $17.4 billion available for the Atlantic hurricane season that starts June 1...
Insurers Shun Oklahoma Quake Risk
A Reuters examination has found that as the number of earthquakes in Oklahoma significantly increased in the last few years, nearly a dozen insurance companies ...
Lloyd’s of London Urges U.S. to Stop Insuring Flood
Lloyd’s of London insurers have called on the U.S. government to stop providing cover for flood damage, arguing that state support has become unsustainable and ...
People Who Don’t File Tax Returns Will Lose ACA Subsidies
Affordable Care Act health insurance subsidies will be terminated for people who do not file tax returns, according to guidance issued on May 10 by the U.S. ...
Judge Backs House Challenge to a Key Part of ACA
Federal District Court Judge Rosemary M. Collyer on May 12 sided with the U.S. House in its challenge to the Obama administration’s funding of an Affordable ...
PA DOI Offers Home-Sharing Tips in Advance of Upcoming Summer Events
Pennsylvania Insurance Commissioner Teresa Miller is offering important consumer tips for both guests and hosts of home sharing sites like Airbnb...