Regulation & Compliance
Commercial Auto Insurers Still Struggling
Underwriting results in most commercial lines insurance segments have noticeably improved over the last two years. However, commercial automobile insurers continue to struggle as this industry ...
California Regulators Want Insurers to Speed Up Ridesharing Policies
The California Public Utilities Commission wants the insurance industry to get off its duff and start creating some products to offer ridesharing drivers. A proposal issued by CPUC on Tuesday further ...
Texas Moves Forward in Becoming an NCCI State
In late March 2014, Texas Insurance Commissioner Julia Rathgeber approved a staff petition to adopt the National Council on Compensation Insurance (NCCI) Basic Manual, with Texas exceptions, as well ...
Business Urging Delaware Lawmakers Not to Block ‘Loser-Pays’ Bylaws
Big Business is lobbying Delaware lawmakers for corporate bylaws to shift legal fees to shareholders who sue and lose, which legal experts say could curtail a booming type of investor class actions. ...
Let’s Dance, Say Reinsurance Leaders With Mergers on Their Minds
Even though his appetite is temporarily sated from two key acquisitions in recent years, the leader of SCOR says the M&A "dancing floor will be open" across the reinsurance industry going ...
Fitch Ups Lloyd’s Rating to ‘AA-‘
Fitch Ratings upgraded Lloyd's of London's insurer financial strength rating to "AA-" from the "A+," the rating agency announced Tuesday, with an expectation of better "cross-cycle underwriting ...
Allianz SE’s El-Erian: Fed Policies May Have Produced New Bubble
Investors might be surprised to learn that they have a lot riding on something that they pay very little attention to: macro-prudential regulation, or what central banks and other government agencies ...
Norway Oil Lobby Warned Deeper Regulation and Policy Debate is Coming
Producers in western Europe's biggest oil and gas exporter must brace themselves for a new legislative age that will disrupt the status quo, according to Norway's Green Party. After entering ...