Barack Obama

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  2-Mile Wide Tornado Strikes Outside Oklahoma City; Death Toll Estimate Lowered

  By Carey Gillam, Reuters, Ian Simpson, Reuters  |  May 21, 2013

  Emergency workers searched for survivors in the rubble of homes, schools and a hospital in an Oklahoma town hit by a powerful tornado, but officials on Tuesday sharply lowered the number of deaths caused by the storm.

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  Uncertainty Surrounds Compensation for Boston Bomb Victims

  By Ben Berkowitz, Reuters  |  April 19, 2013

  Victims of the Boston Marathon bombings will eventually win some kind of compensation, but it is far too early to know how much money there will be, whether private donors or insurers will provide most of it, and how long it might take to distribute.

• Some Healthcare Costs May Rise When 'Obamacare' Implemented: Official

  By Jeff Mason, Reuters, David Morgan, Reuters  |  March 29, 2013

  President Barack Obama's top healthcare adviser acknowledged on Tuesday that costs could rise in the individual health insurance market, particularly for men and younger people, because of the landmark 2010 healthcare restructuring due to take effect next year.

• Firm Provides Timeline for Compliance with Cybersecurity Executive Order

  By Phil Gusman, PropertyCasualty360.com  |  March 7, 2013

  In the wake of President Barack Obama’s cybersecurity executive order, accounting and advisory firm Baker Tilly Virchow Krause, LLP has provided a timeline for the adoption of the plan’s various elements.

• President's Cyber-Security Order Makes Few Demands, but Highlights Key Issues

  By Phil Gusman, PropertyCasualty360.com  |  February 15, 2013

  A presidential executive order outlining some guidelines on cyber-security-coordination efforts may help get the ball rolling on more meaningful legislation, but by itself, the order does not seem to make any mandatory demands on private entities, at least at this time, an insurance-industry expert says.

• U.S. Housing Official Says FHA Could Avoid Need for Bailout

  By Margaret Chadbourn, Reuters  |  February 13, 2013

  The U.S. Federal Housing Administration will raise fees and implement other "aggressive measures" so it may not need taxpayer money to cover a projected deficit for the first time in the agency's nearly 80-year history.

• U.S. Approves Health Exchanges in 4 Republican-Governed States

  By Reuters  |  January 4, 2013

  U.S. officials on Thursday gave four states currently governed by Republicans the green light to set up their own health insurance exchanges under President Barack Obama's healthcare reform law, an initiative largely opposed by Republicans.

• Fiscal Cliff Standoff Coming Down to the Wire; Agents Brace for Estate-Tax Fallout

  By Arthur D. Postal, PropertyCasualty360.com  |  December 28, 2012

  Talks intensified Friday as congressional leaders and President Obama worked to avert a combination of tax hikes and budget cuts scheduled to go into effect Tuesday that economists fear could send the economy into recession.

• Sebelius: Health Insurance Exchanges Planned by 18 States

  By Reuters  |  December 17, 2012

  A total of 18 U.S. states are planning to start their own health insurance marketplaces, which will be available to consumers and businesses in 2014, U.S. Health and Human Services Secretary Kathleen Sebelius said in a blog posting on Monday.

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  Rebuilding Year: Top 10 Stories of 2012

  By PC360 Staff  |  December 13, 2012

  In sports terms, 2012 has been what one could call a rebuilding year, as P&C carriers looked to recover from a disastrous 2011 and a string of heavy losses. For many carriers, 2012 was a time to totally reappraise their roster of risks, which meant both exploring new lines of...

• ‘Rebuilding Year’: The Top 10 Stories of 2012

  By Staff Writer  |  December 13, 2012

  In sports terms, 2012 has been what one could call a rebuilding year, as P&C carriers looked to recover from a disastrous 2011 and a string of heavy losses. For many carriers, 2012 was a time to totally reappraise their roster of risks, which meant both exploring new lines of...

• Senator Says Looking at All Options on NFIP Borrowing Authority; PIA Supports President's Request

  By Arthur D. Postal, PropertyCasualty360.com  |  December 11, 2012

  The chairman of the Senate Banking Committee today hedged when asked whether he would support a 50 percent increase in the borrowing authority of the National Flood Insurance Program.

• Lay Down Your Arms

  By Laura Mazzuca Toops, PropertyCasualty360.com  |  December 1, 2012

  It's time for a post-election truce.

• R&O Insurance Societies and Associations: Poised to Assist

  By Shannon Frech, PropertyCasualty360.com  |  December 1, 2012

  External pressure from government, legislation the economy and a killer storm. Internal pressure to stay profitable, no matter what’s going on outside. Independent agents and brokers are being squeezed from all sizes, and need more help than ever from the trade associations that represent them.

• More Gridlock Ahead?

  By Ted Besesparis  |  December 1, 2012

  This year's election could generate progress--or more of the same

• Arizona Declines to Set Up State-Based Health Insurance Exchange

  By David Schwartz, Reuters  |  November 29, 2012

  Arizona Governor Jan Brewer said on Wednesday she was rejecting a major provision of President Barack Obama's healthcare reform law that calls for creating state-based health insurance markets where consumers can purchase private, federally subsidized coverage.