Employment in the property and casualty insurance industry rose two percent in August compared to July, according to the latest U.S. employment statistics, but declined compared to August 2009 by 2.8 percent--or 13,400 jobs.

President Barack Obama signed into law legislation extending the National Flood Insurance Program as is until Sept. 30, 2011--averting what would have been yet another shutdown of the federal catastrophe coverage plan.

A coalition of insurance agent groups is asking the NAIC to exclude commissions from a new medical loss ratio requirement in the federal health care reform law.

Contractors venturing into areas outside of their proven expertise should be aware that strict enforcement of environmental laws is on the increase and they should be taking steps to mitigate a huge potential risk.

The new Financial Stability Oversight Council is seeking input about what criteria should be used in placing non-bank financial companies, such as insurers, under its federal scrutiny.

A coalition of insurance agent groups is asking the National Association of Insurance Commissioners (NAIC) to exclude commissions from a new medical loss ratio (MLR) requirement in the healthcare law.

Congress quietly extended a terrorism risk insurance program for the airline industry for another year last Thursday.

The Treasury Department said today that it expects the combined costs of the Troubled Asset Relief Program and other aid to American International Group will be "about $30 billion."