In the U.S. insurance is regulated by the individual states. While the regulatory processes in each state vary, three principles guide every state’s rate regulation system: that rates be adequate, but not excessive, nor unfairly discriminatory.
An overview of current insurance regulation practices and modernization proposals, including creating an optional federal charter.
Discussions of the financial condition of insurers, the operations of residual markets and proposed changes to insurance accounting.
A review of insolvencies in the insurance industry and the mechanisms of guaranty funds to protect consumers.
The role of insurers in catastrophe recovery, briefs on disaster insurance, and discussions of public policy developments.
The impact of liability systems on insurance costs and a review of reform proposals and alternatives to litigation.
An overview of medical malpractice insurance and public policy efforts to control costs resulting from medical malpractice suits.
A discussion of how and why insurers use credit history information, which is an important indicator of insurance risk.
Each of the property crime categories tracked by the FBI dropped in 2009: motor vehicle theft (17.1 percent), larceny-theft (4.0 percent), and burglary (1.3 percent), according to the latest Uniform Crime Report.