A proposal ostensibly aimed at ramping up consumer protections for New Jersey insurance consumers would likely lead to higher costs instead, according to the National Association of Mutual Insurance Companies (NAMIC). NAMIC said the measure to expand the state’s “bad ... [full story]

Drunk drivers drive drunk because they can. But we have the life-saving technology to stop them, and that's why the ignition interlock bill approved this week by a state Assembly committee is a good idea. Under the proposed legislation, the ... [full story]

Threats such as piracy, kidnapping and government expropriation of businesses are being exacerbated by the global financial crisis, Lloyd’s warns in a report on political instability released today. The findings came in Lloyd’s latest 360 Risk Insight study titled “Global Recession: ... [full story]

A majority of large insurers in a survey said they are planning to expand internationally within the next 12 months despite the ongoing economic turmoil. The poll released by the consulting firm Accenture, asked more than 100 major property-casualty and life ... [full story]