Flood insurance program extended through May, but long-term reauthorization is still uncertain

A Consumer Federation of America study claims insurers are making auto insurance less affordable to low- and moderate-income familiesa conclusion the insurance industry calls erroneous.

The California Insurance Department has dropped its efforts to force insurers to end their investments in Iran.

Revised legislation narrowing the proposed exemption of agent commissions from the healthcare reform laws Medical Loss Ratio is being introduced in the Senate.

A new report by a federal-watchdog agency questions whether the U.S. government will be able to recover over the short termif everthe investment it has made in American International Group.

Efforts are underway to jump-start Senate action on a long-term National Flood Insurance Program extension.

The market is apparently strengthening for the risky residential mortgage-backed securities purchased by the Federal Reserve Board in early 2009 as part of its bailout of American International Group.

The Federal Insurance Office should studyU.S.rate and policy form regulation and use the federal governments foreign affairs powers to weigh in on international solvency issues, the American Insurance Association says in a comment letter.