Legislation establishing a national catastrophe fund has again been introduced in the House, and has again drawn the ire of perennial critics.

Illinois state legislators are running counter to a national trend by proposing creation of a state workers compensation insurance fund that would compete with the private system.

The flood-insurance program has the money to pay claims resulting from Superstorm Sandy, but is just one large event away from needing to ask Congress for more money, a state-insurance regulator is warning.

A bill in the House introduced by New York State representatives, would extend the grace period for flood-insurance-premium increases for Superstorm Sandy victims.

The Federal Insurance Office says it will release its long-awaited report on recommendations for modernizing and improving insurance regulation before July.

The former head of the agency overseeing healthcare-reform implementation disagreed with state officials Friday over the need for insurance agents in the purchase of health insurance once the exchange system kicks in come January.

Starr Indemnity & Liability Co., a unit of Starr International, is entering the crop-insurance market, following its approval as a provider in the federal multi-peril crop-insurance program for 2013.

Ohio employers could share refunds totaling $861 million if a court decision holding that the state workers' compensation fund overcharged employers is upheld.