You are here:HomeNews CenterInsurance News

Insurance News

Actuarial Tables Being Extended to Age 120

(5/04/2004) If you had any doubt that Americans are living longer, here's more proof. Actuaries are revising life insurance actuarial tables to go through age 120.... full story

NCOIL's Market Conduct Model Clears Another Hurdle

(5/03/2004) As reported previously, the National Conference of Insurance Legislators (NCOIL) adopted a market conduct model bill at its meeting on February 27, 2004, after ... full story

Mandatory Dog Insurance Proposed in New York

(4/27/2004) A bill that would require all dog owners in the state of New York to carry liability insurance for their pets has been introduced in... full story

Conning on M&As - More Dollars, Fewer Deals

(4/27/2004) In 2003, mergers and acquisitions in the insurance industry reached the highest level since 1998 in dollar terms, even while the total number of transactions...... full story

Amendment Exempts Agents From Stricter Louisiana Campaign Finance Limit

(4/27/2004) Independent insurance agents would be exempted from a bill approved last week by the Louisiana House to limit campaign contributions from regulated companies to... full story

Are You Involved in the Presidential Election Campaign? Please Tell Us!

(4/27/2004) Insurance issues will undoubtedly be among those debated during the 2004 presidential election. That's why we would like you to advise us if you are... full story

Rising Profits May Spur Detrimental Actions, III Warns

(4/20/2004) The good news is the property/casualty insurance industry reported a 9.4 percent rate of return for 2003. The bad news is that increased profitability may... full story

Forecaster Warns U.S. Can Expect 'Hellacious' Hurricane Damage

(4/20/2004) Noted hurricane prognosticator William Gray has renewed his warning that the Atlantic basin has entered an era of intense hurricane activity. This year, Gray pr... full story

Brokers Say P&C Market Is Softening

(4/20/2004) Later this week Aon Corp., Marsh & McLennan Cos. and Willis Group Holdings Ltd. will release reports stating that some P&C rates have started to... full story

Consumers' Anger at Marketing Is Rising

(4/20/2004) One third (33%) of the consumers who participated in a recent survey about their attitudes toward marketing said they would accept a slightly lower standard... full story

Agency-Owner Retirement - An Ongoing Process

(4/18/2004) By Patricia A. Borowski, CPIW, CAESenior Vice PresidentPIA National Agency owners and agency carriers have used the phrases, "retirement for the agency-owner pr... full story

A.M. Best Reports Better P&C Results

(4/14/2004) The property/casualty industry reported vastly improved operating results for both the fourth quarter and full year 2003 when compared with the same periods of ... full story

Former NAIC President to Help Set Up Insurance System in Iraq

(4/14/2004) The immediate past president of the National Association of Insurance Commissioners (NAIC) will be spending the next two months in Iraq, helping that country es... full story

AIG's Greenberg Sees a Lot More Green

(4/13/2004) Hank Greenberg has been seeing more green. Greenberg's compensation for running American International Group (AIG) rose about 25 percent last year to $7.6 milli... full story

2004 NAIC Initiatives and Activities

(4/10/2004) The next two years are critical to the future of state-based insurance regulation. We are keenly aware that reform is needed and that the... full story

One Day in PIA's Year-Long Capitol Hill Advocacy

(4/10/2004) Every year when PIA holds its Federal Legislative Summit, members who attend take part in what is literally a whirlwind series of activities. Briefings... full story

NAIC Tells House Panel it Shares the Same Regulatory Modernization Goals

(4/07/2004) In testimony before the House Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises, NAIC President Ernst Csiszar said state regulator... full story

2004 Hurricane Season Storm Forecast up a Notch

(4/07/2004) Forecasters are now predicting a more active hurricane season this year. Colorado State University tropical storm researcher William Gray predicts there will be... full story

PIAPAC Dinner Celebrates Contributors and Friends

(4/01/2004) The Professional Insurance Agents Political Action Committee (PIAPAC) held its fundraising dinner on Thursday, March 25, 2004 at The Monocle Restaurant on Capit... full story

PIA Members Hold Federal Legislative Summit

(4/01/2004) Members of PIA from around the nation converged on Washington, D.C. on Thursday March 25 for the 2004 PIA Federal Legislative Summit. The day of... full story