At some point in your working life, if you are lucky, you will come to the realization that you've had a fulfilling career, and that the moment has come to retire. In fact, it will seem like the most natural thing in the world. That moment has come

The last time the National Flood Insurance Program came up for reauthorization, at the end of 2003, the program had to be temporarily extended twice before the House, Senate and Bush administration finally were able to reach a meeting of minds and

Nothing focuses the mind like a deadline. So with the clock ticking down to a Dec. 31 expiration of the federal Terrorism Risk Insurance Act, it was not surprising that the House and Senate last month finally agreed on an extension that the White

One of the top legislative priorities for the insurance industry this year has been to see that the Terrorism Risk Insurance Act, which reinsures carriers for terrorism losses, is renewed before its Dec. 31 expiration date. Indeed, it may have been

As a robin or crocus is often regarded as a sign of spring, so is the appearance of a reinsurance broker promoting "reverse flow" business a sure indication of a wicked soft market. Actually, a more apt comparison might be to a groundhog's retreat

As I am writing this, it is late September. In about a week I'll be headed for New Orleans to attend the annual convention of the National Association of Professional Surplus Lines Offices. This will be my first visit to New Orleans since Hurricane

Last month, as we entered the heart of the 2007 hurricane season, several ideas for insuring catastrophic storms began forming like tropical depressions off Cape Verde. Whether any coalesces into a lasting solution for the insurance industry's

I can't decide. Was the decision late last month by the U.S. House of Representatives Financial Services Committee to add windstorm coverage to the National Flood Insurance Program an act of breathtaking a) na?vet?, b) foolhardiness, c)