A rare hail storm in South Africa last month resulted in claims of more than 2 billion rand ($187 million), and insurers are suffering.

A rare hail storm in South Africa last month resulted in claims of more than 2 billion rand ($187 million), and insurers are suffering.

Radian Group Inc. and MGIC Investment Corp. are among mortgage insurers that would need to fill a financial gap under new financial-strength rules proposed by the Federal Housing Finance Agency.

News from InVEST, Crawford & Co., Lockton, K&K Insurance Group, Continental Risk Insurance and more.

Opponents say that the bill goes too far and it allows the NSA permission to compile private information on innocent Americans. The House passed its version of the bill earlier this year.

Opponents say that the bill goes too far and it allows the NSA permission to compile private information on innocent Americans. The House passed its version of the bill earlier this year.

FATCA takes effect despite a strong lobbying effort by the property and casualty insurance industry earlier this year to delay its implementation and reduce its impact through clarifications of the rule implementing it.

FATCA takes effect despite a strong lobbying effort by the property and casualty insurance industry earlier this year to delay its implementation and reduce its impact through clarifications of the rule implementing it.