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By Chad Hemenway, PropertyCasualty360.com |
February 21, 2012
Texas Insurance Commissioner Eleanor Kitzman is seeking an outside firm to look into restructuring what she calls an “unsustainable” last-resort insurer.
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By Arthur D. Postal, PropertyCasualty360.com |
February 1, 2012
Flood insurance program extended through May, but long-term reauthorization is still uncertain
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By Arthur D. Postal, PropertyCasualty360.com |
September 16, 2011
Extension of the National Flood Insurance Program (NFIP) could be complicated by the decision of members of the Senate Banking Committee to provide bipartisan support for adding a provision in the NFIP that would split the difference on the sensitive “wind-vs.-water issue.”
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By Arthur D. Postal, PropertyCasualty360.com |
September 15, 2011
A proposed amendment to the National Flood Insurance Program that would split the difference on the sensitive wind-versus-water issue is being criticized as limited in scope and of questionable value to consumers.
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By Arthur D. Postal, PropertyCasualty360.com |
September 7, 2011
A senator plans to revive the sensitive “wind-vs.-water” issue by introducing an amendment to the Senate bill reauthorizing the National Flood Insurance Program when it is marked up Thursday.
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By Chad Hemenway, PropertyCasualty360.com |
June 29, 2011
It took a special legislative session for them to agree, but Texas lawmakers have passed reform legislation for the Texas Windstorm Insurance Association.
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By Lynne McChristian |
June 28, 2011
Consumers are being told that SB 408 will suddenly allow for large homeowners’ premium rate hikes because of reinsurance costs. We need to tell them the real story, starting with why reinsurance is important to everyone.
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By Arthur D. Postal, PropertyCasualty360.com |
June 9, 2011
Sen. Richard Shelby of Alabama says the National Flood Insurance Program needs significant revisions to ensure sustainability.
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By Arthur D. Postal, PropertyCasualty360.com |
June 3, 2011
Reacting to the ticking clock and pressure from multiple industries, the Senate Banking Committee will take the first step toward reauthorizing the National Flood Insurance Program when it holds a hearing on the issue on June 9.
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By Arthur D. Postal, PropertyCasualty360.com |
May 31, 2011
Legislation introduced in the Senate late last week by Sen. Roger Wicker, R-Miss, may complicate chances of the National Flood Insurance Program’s long-term reauthorization before the current extension runs out Sept. 30.