State insurance regulation is a good thing for many reasons, but for just as many, it isn’t. On the plus side, insurance really is a local transaction for some lines because state laws differ. Therefore, regulating the business for those lines belongs with the states.

A collection of insurance trade groups have sent comments to the U.S. Department of Health and Human Services expressing concern if the definition of what constitutes a medical cost for insurers is “narrow.”

A quartet of insurance industry trade groups, representing nearly 500,000 industry professionals, is voicing a joint request for a stronger statement on the U.S. Department of Health and Human Services’ web portal for consumers exploring health insurance options on the role of insurance agents and brokers.

A collection of insurance industry trade groups expressed their concerns to New York regulators about potential confusion caused by provisions in the new proposed agent disclosure requirements.

Representatives of the Independent …  Read →

Thirteen insurance trade groups are urging Congress to exclude all lines of insurance from the Consumer Financial Protection Agency recently proposed by President Barack Obama and the U.S. Treasury Department.

Advocates …  Read →

With everything from a government-run insurance plan to taxes on health benefits being proposed in Washington, D.C., five of the industry’s largest agent and broker associations are planning to lobby …  Read →

As federal legislators in Washington, D.C., craft the future of health care coverage, a national health insurance agents’ organization is reminding them that professionals are a key ingredient in the …  Read →

The first quarter, with huge investment losses and a worsening recession, was the worst on record for private U.S. property-casualty insurers since quarterly results began to be compiled in 1986, …  Read →

Group medical coverage continues to experience “steady increases,” forcing employers to shift more of the burden to their employees.

Employers of all sizes are being affected by the increases, which in …  Read →

Five national insurance agent organizations have joined to urge Congress not to rush health care reform by including it in pending budget discussions.

The Independent Insurance Agents & Brokers of America, …  Read →