You are here:HomeNews CenterInsurance News

Insurance News

NAIC Approves State Model Market Conduct Law

(9/17/2004) The National Association of Insurance Commissioners (NAIC) has approved a market-conduct model law developed by state legislators. The model developed by the Na... full story

NAIC Elects New Officers to Fill Gaps Caused by Resignations

(9/17/2004) The National Association of Insurance Commissioners (NAIC) elected a slate of three new officers in interim elections held during the 2004 NAIC Fall National Me... full story

PIA Political Involvement 2004: The Time is Now

(9/10/2004) Robert PageChairman, PIA National Federal Affairs Robert Gyle IIIChairman, PIAPAC Have you ever wondered why many of your colleagues in PIA always seem to... full story

Frances Insured Losses May Be Less Than Charlie's

(9/07/2004) Initial estimates are that insured losses as a result of Hurricane Frances' slow, grinding trek across Florida may be lower that those caused by Hurricane... full story

Poolman is Second NAIC Leader to Resign in 15 Days

(9/07/2004) Jim Poolman, Vice President of the National Association of Insurance Commissioners, has become the second NAIC leader to resign in 15 days. Poolman's resignatio... full story

Congress to Scrutinize Life Insurance, Mutual Fund Sales on Military Bases

(9/07/2004) Representative Max Burns (R-Georgia) plans to introduce a bill in the House today intended to prevent the marketing on military bases of financial products that... full story

Insurance Industry Opens Hurricane Info Center in Punta Gorda, Florida

(9/01/2004) A new on-the-scene Hurricane Insurance Information Center has been opened at Hurricane Charley's ground zero, in Punta Gorda, Florida. The center is an industry... full story

Conning: P/C Mutual Companies Grow to Meet Need, Stock Companies Need to Grow

(9/01/2004) Growth strategies and actual performance differ greatly between mutual and stock companies, according to a new study by Conning Research, "Mutuals and Stocks in... full story

PIAPAC Opens Doors, But YOU Hold the Key!

(8/28/2004) PIA members, if you have not made your contribution to PIAPAC yet this year, you should have received the brochure "PIAPAC Opens Doors, But YOU... full story

Georgia 24th State to Issue Returning Soldiers Bulletin

(8/27/2004) Georgia has become the 24th state to respond to PIA's call to come to the aid of returning U.S. soldiers. PIA National is conducting a... full story

Judge Rules Man Not Eligible for Accident Benefits Because He Was Drunk

(8/24/2004) A man whose hand had to be amputated after a lawn mowing accident is not entitled to insurance benefits because he was drunk at the... full story

III: Losses From Hurricane Charley Expected to Reach $7.4 Billion

(8/24/2004) Insurers are likely to pay out an estimated $7.4 billion to help people whose homes, businesses and personal possessions were damaged by Hurricane Charley, acco... full story

GEICO Now Writing Policies in New Jersey

(8/24/2004) GEICO, the nation's fifth largest private passenger auto insurer, is now writing policies in New Jersey for the first time in 27 years. Direct writer... full story

Csiszar Resigns as NAIC President and South Carolina DOI, To Head PCI

(8/24/2004) Ernst N. Csiszar has resigned as president of the National Association of Insurance Commissioners (NAIC) and as South Carolina Director of Insurance, to accept ... full story

Are There Holes in Your Home Insurance?

(8/17/2004) News of hurricanes, tornadoes, floods and wildfires may prompt homeowners to review their insurance coverage. Now is a good time for consumers to call their... full story

Losses Mount From Hurricane Charley, Could be Less Than 1992's Andrew

(8/17/2004) Late on Friday, Hurricane Charley cut a path of death and destruction across the state of Florida. At least 16 people lost their lives and... full story

Arkansas, Wisconsin Bulletins Bring Count in PIA Soldiers Campaign to 23 States

(8/17/2004) In the past week, two more states have joined the national honor roll of states issuing bulletins stating that all auto underwriting standards on continuous... full story

Progressive Tests Driver Monitoring System in Minnesota

(8/17/2004) Some residents in Minnesota are being asked to let Progressive Insurance electronically collect their driving information. In the pilot program, Progressive see... full story

PIA Member in Line to Become Next Governor of New Jersey

(8/17/2004) The announcement last week by New Jersey Governor James McGreevey that he will resign makes way for PIA of New Jersey member and New Jersey... full story

Oklahoma Governor Says Insurance Commissioner Could Be Appointive

(8/17/2004) As an Oklahoma legislative committee considers impeaching state Insurance Commissioner Carroll Fisher, who is facing criminal charges, Governor Brad Henry (D) i... full story