But another trade organization, the Independent Insurance Agents and Brokers of America, welcomed the legislation, saying it will ensure there is a strong debate in Congress over the most appropriate

WASHINGTON--A new bi-partisan bill that would expand the National Flood Insurance Program to provide "all-perils" coverage for homeowners and small businesses could disrupt private insurance markets, i

WASHINGTON--The Council of Insurance Agents and Brokers members' annual pilgrimage to Congress this week will see them lobbying for legislation to reform surplus lines and reinsurance markets regulatio

Such a provision would probably be acceptable to the insurance industry, but given the fact the NFIP is currently in the hole by more than $23 billion, it is likely to be received with skepticism in

Federal lawmakers in both the House and Senate are drafting and plan to soon introduce bi-partisan legislation that would radically alter the insurance industry's long-standing exemption from federal

WASHINGTON--Reacting to news that the oversight panel of the House Financial Services Committee plans a Feb. 28 hearing to probe insurance industry handling of Hurricane Katrina claims, one industry gr

WASHINGTON--A group of Coastal congressmen plan to introduce legislation next week that would expand the National Flood Insurance Program to provide "all-perils" coverage for homeowners and small busin

The U.S. Chamber of Commerce sees the provisions as so irksome it is mounting a full court press against them, marshaling 19 associations representing business and industry into a group calling itself