As Congress works under imminent deadline to deal with the future of the critical National Flood Insurance Program, it is getting conflicting advice as to how it should move to shore up the program, with the Write-Your-Own program getting particular attention.

The Wal-Mart class-action-lawsuit decision by the Supreme Court last week was a likely “strong-blow to the plaintiffs’ class action bar,” according to attorneys at an international law firm.

Sen. Richard Shelby today expressed "confidence" that Congress will be able to enact legislation mandating a long-term reauthorization of the National Flood Insurance Program before the current authorization runs out Sept. 30.

The White House is conducting background checks on S. Roy Woodall, a sign that it is finally moving to fill the slot on the Financial Stability Oversight Council reserved for an independent member with insurance expertise.

Medicare officials clashed today with some members of Congress and industry, legal and consumer representatives over proposed changes to the current system for reimbursing the government for medical payments made by insurance companies.

The U.S. Supreme Court left federal regulation of greenhouse gases firmly in the hands of federal regulators, rather than the courts, with a decision reached on Monday.

The U.S. Supreme Court dismissed a class-action lawsuit alleging sex discrimination against Wal-Mart, and lawyers say the ruling narrows the grounds on which class-action status can be sought, whatever the issue.

Individuals may not sue lawyers, accountants and investment advisers under securities laws for alleged false or misleading statements made by others, the Supreme Court ruled last week.