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Rep. Jeb Hensarling, R-Texas, was named by Republicans as the new head of the House Financial Services Committee, while Rep. Ed Royce, R-Calif., a key figure on insurance-regulatory issues, was named chairman of the Foreign Affairs Committee.

Last Tuesdays election will generate substantive changes in who makes the decisions affecting the insurance industry in Washington. Here is a look at the key people certain to be impacted by the change.

Last Tuesdays election will generate substantive changes in who makes the decisions affecting the insurance industry in Washington. Here is a look at the key people certain to be impacted by the change.

It was the storm no one thoughtor no one rememberedcould happen.

The Federal Insurance Office (FIO) is being told the government should support the private reinsurance market and think long and hard before creating any government backstop that would alter the current system.

Tom Gallagher recounts the damage Hurricane Andrew inflicted and an industry forever changed.

The creation of the Federal Insurance Office (FIO) as part of the Dodd-Frank law is a significant breakthrough in one of the countrys most vital sectors of the economy: Former Congressman Michael Oxley, R-Ohio, accurately referred to the insurance sector as the glue that holds our economy together.

It was the storm no one thought, or no one remembered, could happen and it would forever change Florida's property market and the way the insurance industry does business.