Each time the organization representing state insurance commissioners puts out its critique of some aspect of the federal health reform law or its proposed implementation, a key question is raised: Is the National Association of Insurance Commissioners (NAIC) representing the interests of those it is serving, primarily consumers, or is it serving its own interests?

The National Association of Insurance Commissioners (NAIC) is telling federal officials that its proposal for regulating new federally mandated multi-state health insurance plans could upset state insurance markets and erode consumer protections.

An insurance trade group says the U.S. House is “moving in the right direction” toward affirming state-based insurance regulation by voting to defund health insurance exchanges.

The U.S. Department of Health and Human Services plans to force health insurance companies to justify any rate increases of 10% or more, starting next year.

President Barack Obama signed sweeping financial services regulatory reform into law today (July 21), creating a system of oversight designed to prevent future meltdowns of the financial services industry in the U.S.

President Barack Obama and other Democrats say they have the 60 votes necessary to pass financial services reform legislation.

The U.S. Senate’s passage of financial services reform May 20 has drawn the praise of two insurance industry trade groups, both pleased to see that senators deemed property-casualty insurance different than other financial service sectors.

While not included in sweeping federal health reform, the head of the Senate’s health committee said “we can and should do more” to protect consumers from unjustified premium increases.

Selling insurance products across state lines, seen by many as an efficient way to improve health care across the nation, hit a roadblock in Virginia this legislative session as four bills approving such a measure failed to gain approval.

The challenges are mounting for the long-term care insurance industry, as larger writers of policies appear better situated than small- and mid-sized companies, according to a new ratings service analysis.