The Obama administration has made clear it will support the Senate version of a financial services reform bill as the measure appears to be nearing a floor vote.

The Senate has voted to limit debate on a multi-faceted bill including an extension of the National Flood Insurance Program through April 30, while talks continue on giving the program a longer life.

The Senate has voted to limit debate on a multi-faceted bill including an extension of the National Flood Insurance Program through April 30, while talks continue on giving the program a longer life.

Enactment of the new health care reform law has already spawned fraud schemes by which individuals are seeking to sell bogus policies through 1-800 numbers and by going door-to-door, federal regulators are warning.

The U.S. Supreme Court has opened the door for plaintiffs to file more class-action lawsuits in a case involving Allstate Insurance Company, ruling that some litigation barred by state law can be brought in federal courts.

Proposed cuts in the subsidies provided crop insurers by the U.S. Department of Agriculture could lead some reinsurers that support the program to withdraw or scale back their capacity, according to an insurance brokerage.

Now that health reform legislation is a fact, all sectors of the insurance industry are scrambling to figure out how their end of the business will be affected.

Crop insurers are challenging a new study on their profitability commissioned by the U.S.D.A., saying it is misleading and should not be used to set the rate of return for crop insurers participating in the Federal Crop Insurance Program.