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Posts Tagged ‘Report

BURLINGTON, Vt.—A forthcoming Government Accountability Office report could spur Congress to act on legislation that would make it more difficult for state regulators to illegally interfere with risk retention groups domiciled outside their borders, an attorney for an RRG trade association says.

U.S. Reps. Dennis Moore, D-Kan.; Suzanne Kosmas, D-Fla.; and John Campbell, R-Calif., last month requested that Congress’ investigative arm analyze Read the rest of this entry »

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Differences between the sexes are becoming less noticeable when it comes to teenage driving.

In what seems like a role reversal, girls are expressing a new need for speed, while aggressive driving and speeding by boys is down.

According to Allstate Foundation’s “Shifting Teen Attitudes: The State of Teen Driving 2009,” 27 percent of girls admit to speeding at least 10 miles over the speed limit, vs. 19 percent of boys.

Also, Read the rest of this entry »

While it’s not necessarily reason for insurers to throw up their hands and crack open the champagne, a preliminary review by SNL Financial of Q3 statutory financial data for U.S. property/casualty insurers found modest improvement in underwriting profitability and additional stabilization through realized and unrealized capital gains.

While it’s not necessarily reason for insurers to throw up their hands and crack open the champagne, a Read the rest of this entry »

INDIANAPOLIS (Dec. 17, 2008) – California insurance consumers and the state’s economy could be severely harmed if proposed changes are made to the state’s insurance rate approval structure. That was the message delivered in written comments to California insurance officials last week by the National Association of Mutual Insurance Companies (NAMIC).

NAMIC, in conjunction with its domestic insurer state advocacy partners, the Read the rest of this entry »