The Government Accountability Office put a damper on a House proposal to add wind damage to the National Flood Insurance Program, warning Congress such an expansion of coverage could break the NFIP

It is no secret that the Holy Grail in the insurance industry has been to develop technology solutions to realize single-entry, multiple-company interface--better known as SEMCI. While the quest might

WASHINGTON--The Government Accountability Office is advising Congress that adding wind damage coverage to the National Flood Insurance Program will basically require rebuilding NFIP from scratch, accor

Besides removing the anti-trust language, the legislation would mandate that commercial insurers looking to non-renew more than 10,000 policies in a given year would have to notify the state Office of

A Florida appellate court blaming a "clerical error" issued, and then retracted, a ruling upholding state Insurance Commissioner Kevin McCarty's order suspending Allstate from writing new business in

Taking a cue from the Bush administration, a key House lawmaker last week introduced legislation that would create an interim federal insurance office within the Treasury Department, with backers and

The Florida Office of Insurance Regulation advised an appeals court yesterday it should not hold a rehearing on its decision allowing a regulator to suspend Allstate's ability to write new business, b

Among its provisions are those freezing rates for the state-run Citizens Property Insurance Corp., increasing the penalties for violations of the insurance laws, and changing the standards and procedu