Momentum is apparently growing in Congress for both property-casualty and life insurers to have an option to operate under a federal charter within the next two years, with one key House Democrat

The evidence includes the decision by Rep. Paul Kanjorski, D-Pa., chairman of the Capital Markets Subcommittee of the House Financial Services Committee, to hold a hearing Tuesday on legislation creat

WASHINGTON--The chairman of the House Financial Services Committee plans to ask the Speaker of the House to begin the process of ironing out differences in the flood bill legislation passed by the two

On Monday, Florida Insurance Commissioner Kevin McCarty affirmed a decision of an administrative law judge to deny Hartford Insurance Group's request for an increase in homeowner's insurance rates for

Florida Gov. Charles Crist has signed legislation that puts the onus on insurance companies to justify rate increases and at the same time freezes rates for the state's property insurer of last resort

The National Association of Insurance Commissioners came under fire from a leading consumer advocate for not asking consumer representatives to participate in a meeting to discuss the future role of

Because consumer protection groups are expected to exert pressure for the introduction of punitive damage provisions once the law takes effect, passage of class action legislation in Italy will affect

State exposure to last-resort property insurers has grown 12-fold over the 16 years ending in 2006, to a whopping $656.7 billion, according to a new economic study by the Insurance Information Institu