The National Flood Insurance Program historically has been subject to constant lapses due to delayed reauthorization, upsetting agent/client relationships and hampering home sales. Now, recent shakeups in Congress could finally mean real reform to the troubled program.
American International Group Inc. and Zurich Financial Services Group announced a $1.9 billion deal today for the sale of AIG's auto unit, 21st Century Insurance Group, to Zurich's Farmers Group Inc.
At the same time, James Lee Witt--a co-chair of the group and the Federal Emergency Management Agency director in the Clinton administration--sought to tamp down speculation he would be returning to
Leaders of ProtectingAmerica.org, a group that has been campaigning for a federally backed national catastrophe program, said today they expect more success with the arrival of the Obama administratio
New York Insurance Superintendent Eric Dinallo told a congressional panel his state will postpone plans to regulate a segment of the credit default swap market in light of progress that federal
Florida may have dodged a bullet avoiding a major storm in the 2008 hurricane season, but insurance industry groups have warned lawmakers about the need to address the state's underfunded Hurricane Ca
WASHINGTON--The Treasury department is maintaining its stance that insurers seeking federal bailout dollars must do so through a federal regulated entity, leaving those without a banking subsidiary or
An Aon Corp. official speaking on behalf of a national brokerage group urged the Treasury Department last week to make use of the yet to be developed insurance component of the Troubled Asset Relief
TMPAA President Greg Thompson said the organization revamped the designation process, working with carriers to determine specific practices and procedures that signify a high-level agency. The
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{
"uri": "/2011/04/30/encourage-safer-building/",
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"summary": "Bill to tighten codes would bring safety to a local level",
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"uri": "/2011/03/31/nfip-the-next-move/",
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"summary": "The National Flood Insurance Program historically has been subject to constant lapses due to delayed reauthorization, upsetting agent/client relationships and hampering home sales. Now, recent shakeups in Congress could finally mean real reform to the troubled program.",
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{
"uri": "/2009/04/16/aig-sells-auto-group-for-1-9-billion-to-zurichs-fa/",
"title": "AIG Sells Auto Group for $1.9 Billion to Zurich's Farmers Unit",
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"summary": "American International Group Inc. and Zurich Financial Services Group announced a $1.9 billion deal today for the sale of AIG's auto unit, 21st Century Insurance Group, to Zurich's Farmers Group Inc.",
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"uri": "/2008/12/07/national-disaster-fund-group-expects-backing-from-obama/",
"title": "National Disaster Fund Group Expects Backing From Obama",
"byline": "Matt Brady",
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"summary": "At the same time, James Lee Witt--a co-chair of the group and the Federal Emergency Management Agency director in the Clinton administration--sought to tamp down speculation he would be returning to",
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"uri": "/2008/12/02/protectingamerica-group-expects-obama-support/",
"title": "ProtectingAmerica Group Expects Obama Support",
"byline": " Matt Brady ",
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"summary": "Leaders of ProtectingAmerica.org, a group that has been campaigning for a federally backed national catastrophe program, said today they expect more success with the arrival of the Obama administratio",
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"uri": "/2008/11/30/new-york-will-hold-off-on-credit-default-swap-rules/",
"title": "New York Will Hold Off On Credit Default Swap Rules",
"byline": "Matt Brady",
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"summary": "New York Insurance Superintendent Eric Dinallo told a congressional panel his state will postpone plans to regulate a segment of the credit default swap market in light of progress that federal",
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{
"uri": "/2008/11/25/insurance-groups-urge-fix-for-fla-catastrophe-fund/",
"title": "Insurance Groups Urge Fix For Fla. Catastrophe Fund",
"byline": "Matt Brady",
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"prettyDate": "November 25, 2008",
"timeToRead": "3 minute",
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"summary": "Florida may have dodged a bullet avoiding a major storm in the 2008 hurricane season, but insurance industry groups have warned lawmakers about the need to address the state's underfunded Hurricane Ca",
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{
"uri": "/2008/11/25/insurers-without-bank-outlet-get-no-bailout-says-p/",
"title": "Insurers Without Bank Outlet Get No Bailout, Says Paulsen",
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"prettyDate": "November 25, 2008",
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"summary": "WASHINGTON--The Treasury department is maintaining its stance that insurers seeking federal bailout dollars must do so through a federal regulated entity, leaving those without a banking subsidiary or",
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{
"uri": "/2008/11/23/ciab-urges-treasury-to-use-tarp-programs-insurance-component/",
"title": "CIAB Urges Treasury To Use TARP Program's Insurance Component",
"byline": "Matt Brady",
"kicker": "News",
"prettyDate": "November 23, 2008",
"timeToRead": "3 minute",
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"summary": "An Aon Corp. official speaking on behalf of a national brokerage group urged the Treasury Department last week to make use of the yet to be developed insurance component of the Troubled Asset Relief",
"body": null
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{
"uri": "/2008/11/23/program-managers-award-best-practices-designation/",
"title": "Program Managers Award Best Practices Designation",
"byline": "Matt Brady",
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"prettyDate": "November 23, 2008",
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"summary": "TMPAA President Greg Thompson said the organization revamped the designation process, working with carriers to determine specific practices and procedures that signify a high-level agency. The",
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