The comment by Rep. Paul Kanjorski, D-Pa.--who chairs the Capital Markets Subcommittee of the House Financial Services Committee--came as he released letters he sought from regulators explaining how

Congress can enact legislation this year reforming regulation of the surplus lines and reinsurance industries, but support is lacking for creation of a federal backstop for state catastrophe funds, a

Under the January 2007 agreement, State Farm agreed to reopen 30,000 hurricane claims from 2005 and pay out a minimum of $50 million to settle the claims. In return, Attorney General Hood agreed to dr

The comment by Rep. Paul Kanjorski, D-Pa., chairman of the Capital Markets Subcommittee of the House Financial Services Committee, came as he released letters he sought from regulators asking how the

WASHINGTON--Congress could pass a measure this year reforming and modernizing surplus lines and reinsurance industry regulation, but support is lacking for legislating a federal backstop for state cata

There is an "inherent conflict of interest" in having private insurance companies determine who is responsible for paying wind-versus-water damages following hurricanes--the insurer or the National

While state commissioners have reservations about federal legislation reforming regulation of surplus lines and reinsurance--especially the reinsurance provisions--their association understands

While state commissioners have reservations about federal legislation reforming regulation of surplus lines and reinsurance--especially the reinsurance provisions--their association understands Congress