It came as no surprise to anyone that has followed the Floridas reinsurance fund that it could potentially have a $3.2 billion shortfall, according to new report issued by independent-financial advisor Raymond James.
Legislation designed to close a tax loophole that benefits property and casualty insurers based offshore has been reintroduced in the House and Senate.
Legislation designed to close a tax loophole that benefits property and casualty insurers based offshore has been reintroduced in the House and Senate.
In Flood Victims Getting Fed Up With Congress, a Sept. 25 front-page article in the New York Times, people who lost their homes in Pennsylvania because of recent flooding of the Susquehanna River voiced indignation that emergency aid from the government was being held up by the budget battles raging...
A senator plans to revive the sensitive wind-vs.-water issue by introducing an amendment to the Senate bill reauthorizing the National Flood Insurance Program when it is marked up Thursday.
A senator plans to revive the sensitive wind-vs.-water issue by introducing an amendment to the Senate bill reauthorizing the National Flood Insurance Program when it is marked up Thursday.
Vermont has been ranked the best state on its property-casualty insurance regulatory environment, and Florida the worst state, according to a report from The Heartland Institute.
As of this writing, the Senate Banking Committee is preparing to act on legislation that would provide a long-term reauthorization of the National Flood Insurance Program (NFIP).