AIA Applauds Massachusetts House Of Representatives For Passing Distracted Driver Legislation BOSTON, MA (February 5, 2010) – The American Insurance Association (AIA) today applauded the Massachusetts House of Representatives for its passage of legislation that would ban texting while driving and prohibit all drivers from using cell phones without hands-free devices in the Commonwealth.

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Pricing Pressures and Changing Regulations will Test US P&C Insurance Industry in 2010, Ernst & Young Predicts New York, 13 January 2010 – Despite emerging relatively undamaged by the financial crisis, the US property-casualty industry still faces serious tests in 2010, according to Ernst & Young’s Global Insurance Center 2010 U.S. Property-Casualty (P/C) Insurance Industry Outlook.

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NY insurance official raises concerns over Moody's NY insurance official raises concerns over Moody's An official in the New York Insurance Department says insurance regulators from across the country are expected to discuss dropping Moody's Investors Service from a list of acceptable rating organizations at a meeting later this week.

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New Report on Property, Casualty and D&O Property, casualty and directors' and officers' liability insurance rates will continue to stabilize in 2010, according to Aon Corporation, the leading global provider of risk management services, who, on December 7, released its U.S. Q3 '09 Quarterly Market Overview for Property, Casualty, and D&O liability insurance lines for commercial and large corporate segments.

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Northeast Regional Insurance Auditors Association: News

Pennsylvania Commissioner Meets with Agents' Group

Tuesday, 18 August 2009

Pennsylvania Insurance Commissioner Joel Ario met with yesterday with directors of the Insurance Agents & Brokers Service Group board of directors to discuss a number of key insurance issues in the Keystone State.

Of particular interest to independent agents: Ario addressed issues surrounding the growth of Internet-based insurance sales and direct writers, asserting his belief that producers offer value-added services that will keep them competitive.

Ario, who also sits on the executive committee of the National Association of Insurance Commissioners, also addressed regulation of the insurance industry, saying that federal regulation is less likely now than before the November 2008 elections. He added that an upgrade of the state-based system may be necessary for some issues, and touting the NAIC's National Insurance Producer Registry, which seeks to modernize the licensing process.

"There is a great deal of uncertainty in the industry about various reforms and regulations," said Kathleen Glattly, incoming chairwoman of IA&B, "so it was important for us to hear Commissioner Ario's viewpoints and voice independent agents' concerns and needs."

This is the second time in two years that Ario has met with the IA&B board.

Source: Insurance Journal