American Insurance Association

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  FIO Must Have Strong Role Abroad to Ensure Competitiveness for U.S. Insurers

  By Elizabeth Festa, PropertyCasualty360.com  |  May 18, 2012

  Lawmakers and industry and government officials pushed for supervisory harmony and a robust role abroad by the U.S. Federal Insurance Office to increase international competitiveness for the U.S. insurance industry.

• House Passes 30-Day NFIP Extension

  By Phil Gusman, PropertyCasualty360.com  |  May 17, 2012

  The House has passed a 30-day National Flood Insurance Program extension that would push the program’s expiration date back to June 30.

• Florida Gov. Scott Signs ‘Milestone’ PIP Reform

  By Chad Hemenway, PropertyCasualty360.com  |  May 4, 2012

  Florida Gov. Rick Scott has signed what the insurance industry is calling the “most significant auto insurance law in decades.”

• New York Proposes No-Fault Rule to Prevent Payments When Treatment Is Not Rendered

  By Arthur D. Postal, PropertyCasualty360.com  |  May 2, 2012

  The Cuomo administration in New York is proposing a regulation aimed at ending the current rapid rise in no-fraud-auto-insurance rates by stopping payments where no medical treatment is rendered.

• 'Flood the Hill' Effort Sees Insurer Groups, Others Team Up for NFIP Extension

  By Arthur D. Postal, PropertyCasualty360.com  |  May 1, 2012

  The insurance industry and allied trade groups are launching a full-court press to ensure Senate action on flood legislation before the current authorization expires May 31.

• Industry Backing Workers' Comp Bill to Resolve CMS Delays

  By Arthur D. Postal, PropertyCasualty360.com  |  May 1, 2012

  Legislation has been introduced in the House designed to resolve routine delays and confusion in the review of workers’ compensation Medicare set-asides by the Centers for Medicare and Medicaid Services.

• Two-Year NFIP Extension Better Than Nothing, But Industry Still Wants Five

  By Arthur D. Postal  |  April 26, 2012

  Insurance-industry officials say a two-year National Flood Insurance Program (NFIP) extension, as proposed recently by the Federal Emergency Management Agency (FEMA), is better than the current pattern of short-term extensions—but some associations say they would still rather see action on a five-year extension with program reforms.

• 2-Year NFIP Extension Better Than Nothing, but Industry Still Wants 5 Years

  By Arthur D. Postal PropertyCasualty360.com  |  April 24, 2012

  Insurance industry officials say a two-year National Flood Insurance Program extension, as proposed recently by the Federal Emergency Management Agency, is better than the current pattern of short-term extensions, but some associations say they would still rather see action on a five-year extension with program reforms. or five-year extension

• FEMA Calls on Congress to Pass 2-Year NFIP Extension

  By Arthur D. Postal, PropertyCasualty360.com  |  April 23, 2012

  The Federal Emergency Management Agency today asked Congress to support a two-year reauthorization of the existing National Flood Insurance Program as the clock continues to wind down on the current authorization, which expires May 31.

• After FSOC Rule, Industry Maintains P&C Not Systemically Risky

  By Arthur D. Postal  |  April 12, 2012

  Spokesmen for insurance-trade groups insist that when all is said and done, officials of the Financial Stability Oversight Council (FSOC) will support insurers’ view that insurance activities, by their very nature, do not pose a threat to the stability of the U.S. financial system.