PCS said while the damage from this harsh weather outbreak cost insurers more than $450 million, a more serious impact was the loss of life associated with the severe tornado activity in areas such as
In comments after a speech to life insurance agents meeting here, Mr. Bell, also insurance commissioner of Alabama, said it was essential that small insurers have access to claims and other data in o
Legislation creating catastrophic savings accounts--which would be comparable to Health Savings Accounts, allowing homeowners to put money aside tax-free to prepare for the financial impact of a major
WASHINGTON--Legislation creating catastrophic savings accounts, which would be comparable to Health Savings Accounts and would allow homeowners to put money aside tax-free to prepare for the financial
OneBeacon Insurance is offering a new online resource to help small-business customers plan for and deal with natural and manmade disasters. Open for Business, a free Web-based disaster-recovery and r
Florida's two U.S. senators introduced five pieces of legislation last week designed to "comprehensively" address issues related to national hurricane preparedness, including one that would establish
The bills sponsored by Democratic Sen. Bill Nelson and Republican Sen. Mel Martinez deal with ways to improve preparedness and response, reinsurance reform, tax credits for mitigation, and the potenti
Supporters of a federal insurance regulator should start considering what kind of price they are willing to pay for the option in terms of greater consumer protections, the chairman of the House