WASHINGTON--Stronger support for their mortgage-backed securities holdings makes the government's decision to place mortgage giants Fannie Mae and Freddie Mac into conservatorship a net positive to pub

WASHINGTON--Reinsurance industry trade groups said they are urging state and federal lawmakers to back legislation that promotes storm proofing of homes and land conservation to cut hurricane losses ra

Backers of an optional federal charter will be happy to hear that Sen. Tim Johnson, D-S.D., will likely chair the U.S. Senate Banking Committee next year if Democratic nominee Barack Obama is elected

The Republicans last week adopted language in their platform calling for a "national disaster insurance policy," following an earlier vote by the Democratic Party to back a national catastrophe fund,

The plank was added just after Hurricane Gustav stormed through a number of disaster-prone states that had been devastated by Hurricane Katrina three years earlier, and with another storm--Hanna--threat

In testimony before the U.S. Senate Banking Committee this summer, Richard Bouhan, executive director of the National Association of Professional Surplus Lines Offices, urged lawmakers to pass

Congress is going to have its hands full when it returns to work next week for an abbreviated pre-election session, making it that much more difficult to get any definitive action on a plethora of

WASHINGTON--The Independent Insurance Agents and Brokers of America has lashed out against a Securities and Exchange Commission proposal to regulate equity indexed annuities and securities as "unwarran