A federal appeals court panel in New Orleans rejected a lower court's ruling yesterday that permitted a Mississippi couple to pursue a hurricane damage claim even when policy-excluded flood damage was

"CBO expects that enacting this legislation would improve the financial status of the NFIP and significantly increase the likelihood that the program could continue to offer insurance coverage and

The legislation, the "Homeowners Defense Act of 2007," was introduced in the Senate as companion legislation, for a House measure introduced by two South Florida Democratic legislators, Rep. Ron Klein

Between extreme views of maintaining the current system of 50-state regulation of insurance and entirely replacing it with a federal one, other speakers at last week's hearing before the Capital

The House won't accept the Senate version of legislation providing a federal backstop for terrorism risk insurance, a key congressman said last week, proposing to temporarily extend the current

WASHINGTON--A controversial House-approved bill to reform the National Flood Insurance Program by adding windstorm coverage is cheaper than a Senate measure according to a Congressional Budget Office r

WASHINGTON--A controversial House-approved bill to reform the National Flood Insurance Program by adding windstorm coverage is cheaper than a Senate measure according to a Congressional Budget Office r

At the same time, earnings for the first nine months of 2007 increased 15 percent, mostly because of improved underwriting and investing results, partially offset by higher income tax expense as compa