The House won't accept the Senate version of legislation providing a federal backstop for terrorism risk insurance, a key congressman said last week, proposing to temporarily extend the current

Between extreme views of maintaining the current system of 50-state regulation of insurance and entirely replacing it with a federal one, other speakers at last week's hearing before the Capital

WASHINGTON--A controversial House-approved bill to reform the National Flood Insurance Program by adding windstorm coverage is cheaper than a Senate measure according to a Congressional Budget Office r

At the same time, earnings for the first nine months of 2007 increased 15 percent, mostly because of improved underwriting and investing results, partially offset by higher income tax expense as compa

WASHINGTON--Legislation calling for the phase-in of actuarial rates for flood insurance on higher-priced homes built before the National Flood Insurance Program went into effect was passed unanimously

WASHINGTON--The most important factor in regulation of the property-casualty insurance industry is effective enforcement, not whether it is a state or a federal oversight system, a consumer advocate to

WASHINGTON--The House won't accept the Senate version of legislation providing a federal backup on terrorism risk insurance and will instead vote to extend the current program until April 30, a key con

WASHINGTON--Legislation with a new approach to reform the nonadmitted property-casualty and reinsurance markets will be introduced in the Senate within two weeks, Sen. John Sununu, R-N.H., hinted today