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June 10, 2009
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S&P, Insurer CEOs Concerned About Reserve Releases

by National Underwriter - Jun 10,2009

BROOKLYN, N.Y.—Rating analysts at Standard & Poor’s are starting to get concerned about loss reserving activities of commercial insurers, and insurance executives are eyeing the same troubling actions, said speakers at a conference. During the opening session of the Standard & ... [full story]

Drunk-Driving Foes Split on Severity of Penalties

by The Wall Street Journal - Jun 10,2009

Mothers Against Drunk Driving has severed ties with an ally backed by the liquor industry, contending that the group is undermining MADD's campaign to eliminate drunken driving. Associated Press A crashed vehicle displayed for Texas State Technical College students in ... [full story]

House Seen Moving Quickly On Surplus Lines Bill

by National Underwriter - Jun 10,2009

WASHINGTON—The House plans to speed up consideration of a measure to reform regulation of surplus lines insurance and reinsurance, insurance lobbyists said today. The bill (H.R. 2571) will be taken up under expedited procedures. At the same time the lobbyists said ... [full story]

Credit Scoring Ban Fails In Conn., Flex Rating Bill Renewed

by National Underwriter - Jun 10,2009

A bill that would have banned credit scoring in Connecticut was altered and then died in the Senate at the end of a legislative session characterized as “challenging” by one insurance industry representative. Paul Tetrault, Northeast state affairs manager for the ... [full story]

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