The House Financial Services Committee has decided to delay action on legislation providing a long-term reauthorization of the National Flood Insurance Program until Tuesday.
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 Michigan State Senate did not act on a package of bills opposed by insurance associations that would have banned the use of credit-based insurance scoring in the state.
The House Democratic leadership proposed health care reform legislation that includes a public option at an estimated cost of $894 billion over 10 years.
The Florida House on Friday night approved and sent to the Senate a measure designed to beef up the finances of the state-created home insurer of last resort and the Florida Hurricane Catastrophe Fund.
WASHINGTON--House floor action on two insurance bills will be delayed until Congress returns to work in September after a new California congresswoman voiced concern that one of the bills would inadver
WASHINGTON--House floor action on two insurance bills will be delayed until Congress returns to work in September after a new California congresswoman voiced concern that one of the bills would inadver
WASHINGTON--Sen. Chris Dodd, D-Conn., the Senate Banking Committee chairman, said Congress might manage to push through legislation this year to reform regulation of surplus insurance lines and create
WASHINGTON--Reimbursement rates for selling crop insurance policies would be reduced and anti-rebating laws tightened under a compromise measure extending farm subsidy programs expected to be passed b