The legislation will be introduced in advance of a Wednesday hearing on financial services regulation scheduled to be held by the Capital Markets Subcommittee of the House Financial Services Committee

In its decision concerning a commercial policy covering a small New Orleans apartment extensively damaged by Hurricane Katrina, the high court overturned a finding by the 4th Circuit Court of Appeal t

If congressional reaction is any indication, with some major players voicing reservations about reforms in insurance oversight proposed by the Bush administration last week, any change is likely to

The Bush administration may have rocked the insurance world last week by including optional federal charters for insurance companies, agents and brokers in its proposed overhaul of financial services

WASHINGTON--U.S. Sen. Hillary Clinton's announcement that if elected president she would eliminate foreign insurers' "unfair" tax advantage is based on a "myth," said a Bermuda insurers' representative

WASHINGTON--Personal lines property-casualty insurers USAA and State Farm both said this week that they supported the optional federal insurance charter concept embodied in the Treasury Department's ne

WASHINGTON--The head of a key Senate Committee said yesterday he would support legislation creating an optional federal charter for life insurers, but expressed reservations about supporting a similar

Treasury Department officials call for setting up a temporary insurance data-gathering office within the department, then setting up an Office of National Insurance that would give insurers and