Property Casualty Insurers Association of America

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  Expected House Bill Would Extend NFIP for 1 Month; Buy Time for Senate

  By Phil Gusman, PropertyCasualty360.com  |  May 15, 2012

  Rep. Judy Biggert, R-Ill., plans to introduce a bill in the House that would extend the National Flood Insurance Program for one month, pushing the program’s expiration date back to June 30.

• At Hearing, Senator Says Short-Term NFIP Reauthorization Likely

  By Arthur D. Postal, PropertyCasualty360.com  |  May 9, 2012

  Another short-term extension of the National Flood Insurance Program appears likely as Congress won’t be able to act on a long-term bill before the current authorization expires May 31.

• Groups Kick Off NFIP 'Flood the Hill' Campaign with Letter to Senate Leadership

  By Arthur D. Postal, PropertyCasualty360.com  |  May 8, 2012

  The pressure on the Senate to act on a long-term National Flood Insurance Program extension intensified as trade groups across multiple industries kicked off their “Flood the Hill” campaign with a letter sent to Senate leadership.

• 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.

• Captive-Agent Carriers: Is a More Aggressive Pursuit of Independents in the Cards?

  By Michael P. Voelker  |  April 26, 2012

  Although there won’t be a flood of new markets available to independent agents, increased interest by carriers in the independent channel can translate into opportunity.

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  The Week in Quotes

  By Staff Writers  |  April 20, 2012

  I.I.I. President Robert Hartwig on industry surplus, Brown & Brown Chairman and acting President and CEO J. Hyatt Brown on the state of the market, and more.

• After a Rough 2011 for P&C, KBW Reports a Positive Kickoff to 2012

  By Chad Hemenway, PropertyCasualty360.com  |  April 20, 2012

  The U.S. P&C industry in 2011 posted its worst combined ratio since 2001—and net income dropped more than 45 percent, according to a joint analysis conducted by three industry groups. But a separate report points to more profitable results in Q1 2012.

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  Cats Drive Highest U.S. P&C Year-End Combined Ratio Since 2001

  By Chad Hemenway, PropertyCasualty360.com  |  April 17, 2012

  The 108.2 combined ratio posted by the private property and casualty industry in the U.S. was the worst since 2001.