The Bush administration threw cold water on legislation introduced last week providing a long-term extension of the Terrorism Risk Insurance Act, although it is not clear whether the President would

WASHINGTON--Legislation to reform regulation of the surplus lines and reinsurance markets is scheduled for House floor action Monday under expedited procedures, according to congressional staffers and

David Nason, assistant secretary of the Treasury for financial institutions, testified before a House subcommittee that it is important that the program, which provides a federal backup for insurers'

David Nason, assistant secretary of the Treasury for financial institutions, testified before a House subcommittee that it is important that the program, which provides a federal backup for insurers'

WASHINGTON--The president of the American Insurance Association plans to urge Congress Thursday "to act as quickly as possible" on legislation extending the Terrorism Risk Act so that the new program i

WASHINGTON--A senior property-casualty insurance industry lobbyist predicts the terrorism risk insurance bill extension introduced Monday in the House will have "overwhelming and bipartisan support" on

WASHINGTON--Legislation was introduced in the House yesterday that would extend the Terrorism Risk Insurance Act for 10 years and provide coverage for nuclear, biological, chemical and radiological cov

House members plan to introduce legislation extending the Terrorism Risk Insurance Act and creating an optional federal charter before month's end, members of the Risk and Insurance Management