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Europe’s Solvency II Set to Impact American Insurers with offices abroad

By Juliette Fairley

About 68 percent of European life insurers polled in a new survey have a positive outlook for their businesses in spite of ongoing market turbulence.

UnitedHealth Group Lawsuit Advances

By Joseph Goedert

Physicians to get $200 Million in settlement for underpaid claims.

FIO Receives Request from NRRA

By Justin Stephani

National Risk Retention Association urges federal law change to better protect the operations of risk retention groups.

Aon Settles with DOJ, SEC

By Justin Stephani

Company pays $16.3 million as part of settlement relating to charges of foreign corruption.

Update: Insurers React to NTSB’s Proposed Cell Phone Ban

By Carrie Burns

The American Insurance Association and Nationwide applaud the federal recommendation that all states ban cell phone use while driving; State Farm releases data that supports the need for a ban.

The Potential Savings Behind GDL Laws

By Justin Stephani

Allstate and the NSC posit that nationwide GDL policy could save thousands of lives and billions of dollars.

Insurance Fight Looms in FDIC Bank Director Suits

By Jeff Horwitz

Insurers likely to face costly legal battles as bank seizures rise.

BP Not Covered for Spill by Transocean’s Insurance

By Pat Speer

BP Plc will not be able to use Transocean Ltd.’s insurance coverage to pay costs related to the 2010 Gulf of Mexico oil spill, a judge ruled this morning.

Consumer Advocates, Organizations Push for Faster SBC Implementation

By Carrie Burns

After America’s Health Insurance Plans issued a statement requesting the implementation date of the Affordable Care Act’s Summary of Benefits and Coverage be pushed back, health care consumers, practitioners and consumer advocates urge action.

New York Health Insurers Capitulate on Call for Transparency

By Pat Speer

Under the agreement with New York’s Department of Financial Services, the companies would have their rate-setting applications posted on a state website.

EDGAR Online Sees Record Growth in Q3 XBRL Filings

By Pat Speer

Significant uptick in disclosures processed reflects SEC expectations, increased scrutiny on insurers, financial services companies.

MetLife Announces $275M Blow to Balance Sheet

By Justin Stephani

Death master file-related lapses in coverage and higher-than-expected catastrophe claims meddle with the life insurer’s financials.

Distracted Driver Disconnect Unabated

By Pat Speer

Motor vehicle drivers understand the danger of cell phone talking and texting, yet continue to exhibit the behavior.

U.S. Insurers ask FASB to Reconsider Contract Models

By INN Editorial Staff

GNAIE wants separate models for short-duration non-life and long-duration life contracts.

Top 10 Reasons Insurers Are Out of Compliance

By Justin Stephani

Claims, renewals head annual list of market conduct complaints filed with state insurance departments.

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