WASHINGTON—A coalition of 14 U.S.-based property/casualty insurers is calling for legislation that prohibits domestic insurers with foreign parents from reinsuring their U.S.-written business with foreign affiliates in low- or no-tax jurisdictions. The Coalition for a Domestic Insurance Industry sent a report ... [full story]

Ken Thompson says that one second his right thumb was just fine, and then it was almost torn off. What happened in between was that the driver’s-side air bag deployed. Dr. Thompson, a psychiatrist who lives in Pittsburgh, was honking the ... [full story]

What if we told you insurance is one of the most innovative industries we know? (Hold the smirks. We are serious.) What if we went further and said that the insurance industry was poised to assume the leadership position when ... [full story]

WASHINGTON—Supporters and opponents of a new federal regulatory regime for the insurance sector all found something to like in the Obama administration’s white paper on financial services regulatory reform. Among those reacting with positive comments were insurance trade groups that support ... [full story]