However, this snagand the potential it raises that the sale could fall throughis unlikely to delay designation of AIG as a systemically significant nonbank by the governmenta step that could occur as early as June 3.

Directors of Ohio's Bureau of Workers Compensation unanimously approved Thursday a proposal to rebate $1 billion in workers compensation premiums to employers in the state.

All force-placed insurance firms doing business in New York have now agreed to put in place reforms that will substantively reduce cost of the coverage to homeowners.

A Georgia-based insurance broker tells the FHFA that its proposal to end inappropriate force-placed commissions and reinsurance arrangements does not go far enough. Meanwhile, lawsuits over perceived unfair premiums continue in several states, notably Florida.

A new bill extending the Terrorism Risk Insurance Act for 10 years has been introduced in the House.

Chubb has gained authority to write surplus-lines-insurance business in New Jersey, its own state--an apparent new trend.

Before going home for Memorial Day, Louisiana House members Thursday introduced legislation aimed at forestalling major increases in flood program rates starting next year.

Sen. Mary Landrieu, D-La., late Tuesday introduced legislation that would roll back a number of National Flood Insurance Program reforms passed last year.