The House and Senate both introduced bills stipulating that federal regulators must use state-based metrics.

The House bill's sponsor was indicted in Brooklyn on Monday on federal charges of underreporting payroll while running a New York restaurant.

SNL reports a slight growth to the category last year, but more growth expected in 2014 as Congress cuts subsidies

Rep. Michael Grimm, R-N.Y., was indicted on federal charges of underreporting payroll while running an Upper East Side restaurant.

Besides renewal of the current Terrorism Risk Insurance Program Reauthorization Act, the insurance industry is asking Congress to expand and clarify the law to fill gaps in certification and coverage areas.

The cost of terrorism insurance coverage is expected to become volatile if the federal terrorism insurance backstop is not extended, and uncertainty about what Washington will do is already causing ripples in the marketplace, Marsh says in a new report.

An insurance law firm is warning its clients that if they are not licensed to transact business in New York State, they should review their agents activities to ensure they are not engaging in prohibited insurance transactions in the state.

The private market does not have the capacity to provide reinsurance for terrorism risk to the extent currently provided by the Terrorism Risk Insurance Act, according to a special presidential report issued today.