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A Senate committee approved a bill to retroactively eliminate the current liability cap for damage from oil spills.

The Senate Commerce, Science and Transportation Committee approved legislation that would offer grants to states that enact laws prohibiting texting and using a handheld device while driving.

Health care reform legislation that the insurance industry can support took a giant step forward last week when the U.S. Senate Finance Committee rejected two amendments that would create a "public option" to compete with private carriers.

WASHINGTON--Advocates of optional federal chartering for insurers are looking for a new champion in the Senate after a prime supporter was given a new committee assignment, insurance industry sources s

Introducing the bill Thursday, Sen. Richard Shelby, R-Ala., chairman of the Senate Banking Committee, said, "The goal...is to strengthen the [flood insurance] program by eliminating subsidies on

House, Senate Committees Vote To Extend TRIAConsensus bill possible in early DecemberWashingtonBoth the House and Senate financial services panels last Wednesday voted overwhelmingly to ...

Analysts still give long odds to bill passing full Congress in its current formHistoric legislation creating an alternative claims handling process for those injured ...

Senate Committee Approves FCRA Legislation Washington Industry groups are praising the Senate Banking Committee for approving legislation reauthorizing the Fair Credit Reporting Act, but some ...