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The House and Senate are both working on different revisions of the Collins amendment.

The House and Senate are both working on different revisions of the Collins amendment.

From September 10-14, a group of young business and financial leaders gathered in Montreaux, Switzerland at the fifth annual meeting of the G-20Y summit. The mission? To discuss sustainable prosperity in the face of a world increasingly at risk.

From September 10-14, a group of young business and financial leaders gathered in Montreaux, Switzerland at the fifth annual meeting of the G-20Y summit. The mission? To discuss sustainable prosperity in the face of a world increasingly at risk.

An over-reliance on models led to problems in the mortgage industry. What lessons can insurers take as Big Data and analytics become key components of underwriting risks?

Industry representatives made their case to a Senate committee that "bank-centric" rules should not apply to federally regulated insurers, but others warned against providing a "wholesale carve-out" for insurers that could lead to systemically risky behavior.

Industry representatives made their case to a Senate committee that "bank-centric" rules should not apply to federally regulated insurers, but others warned against providing a "wholesale carve-out" for insurers that could lead to systemically risky behavior.

In a breakthrough, the House Republican leadership has agreed to allow a vote on modifying flood insurance rate hikes imposed by a 2012 law. The preferred House bill would limit rate increases to no more than 15% annually.