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Risk retention trade groups are urging prompt House action on legislation introduced last week that will allow their members to sell commercial property insurance.

The legislation will be introduced in advance of a Wednesday hearing on financial services regulation scheduled to be held by the Capital Markets Subcommittee of the House Financial Services Committee

Florida legislation approved over the weekend to cut property insurance costs could mean policyholders and taxpayers will bear a financial burden if a major hurricane hits this year, according to indu

"Realistically, insurance expenses may not be a major source of earnings disruption, but companies near the edge of consensus expectations may start to add rising insurance costs or weather-induced ea

"Realistically, insurance expenses may not be a major source of earnings disruption, but companies near the edge of consensus expectations may start to add rising insurance costs or weather-induced ea