Legislation that would create a federal reinsurance backstop for states with catastrophe insurance funds drew both support and severe criticism at a House hearing.
The quietest storm season in more than a decade prompted Congress to keep postponing permanent resolution of one of the country's biggest insurance challenges--how best to reform the debt-ridden National Flood Insurance Program.
Financial firms could be forced to bail out Florida's troubled property insurer of last resort under an amendment proposed for House financial services reform legislation, according to one analysis,
An effort to put a proposition on the Michigan ballot to change auto insurance regulation is drawing radically different reactions from interest groups.
A group pushing for natural disaster policy reform said it is urging swift House passage of legislation providing incentives for states to develop pre-mitigation programs for catastrophic weather events.
Two-thirds of Americans are strongly in favor of government measures to implement lasting regulation of the financial services industry, according to a new public opinion poll.
Doug Sharp, vice president of agency relations at Grange Insurance, speaks with AA&B about the company's distribution strategy, "Heartland" focus and how these attributes position the company for growth, in good times and bad.
The problem with securing data and insuring its safety is there is simply so much more stored electronically these days that opportunities for outside hackers or insiders to steal information off a company's computer systems are growing exponentially.