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The pessimists would call it irony; the optimists, forward-thinking. Whatever the label, the fact that the Task Force on Long-Term Solutions for Florida's Hurricane Insurance Market held its

Earlier this year, the Newark, Calif.-based company said its release would result in modeled annualized insured loss increases of 40 percent across the Gulf Coast and Florida. In addition, modeled

Introducing the bill Thursday, Sen. Richard Shelby, R-Ala., chairman of the Senate Banking Committee, said, "The goal...is to strengthen the [flood insurance] program by eliminating subsidies on

Some changes that will affect the insurance industry are still years away. Others are probably in the foreseeable future.

The Senate legislation is different from the companion House bill because it will require more policyholders to pay fair-market rates and more homeowners to participate in the program than called for

Earlier this year, the Newark, Calif.-based company said its release would result in modeled annualized insured loss increases of 40 percent across the Gulf Coast and Florida. In addition, modeled los

Record 2005 disaster claims is far from the worst possible scenario, Hartwig

April 2006 rates were down 5 percent on a composite basis, compared with 6 percent in March. Richard Kerr, chairman of the Dallas-based insurance exchange, said pricing for energy and property risks