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Efforts are now underway to push legislation through the Senate on an expedited basis that would clarify that the Federal Reserve Board can apply insurance-based capital standards to the insurance portion of any insurance holding company it oversees.
Energy companies, telecommunications and water suppliers must seek an improved method of addressing exposures while reducing and transferring risk appropriately.
New Yorks cities and towns may soon learn whether they can prohibit fracking for natural gas as the Court of Appeals in Albany considers challenges to the local bans.
Former Miami Dolphins quarterback Dan Marino is among 15 former players suing the NFL over claims it hid the risk of concussions sustained during the game.
Tom Sullivan, former Connecticut insurance commissioner, has been named senior advisor for insurance to the Board of Governors of the Federal Reserve System.
Write-Your-Own insurance companies will be helping the Federal Emergency Management Agency provide refunds to National Flood Insurance Program customers whose rate hikes were reversed or reduced under March legislation rolling back the 2012 Biggert-Waters Act.
The rubber will hit the road for the insurance industry on reauthorization of the Terrorism Risk Insurance Act Tuesday when the Senate takes up legislation that would reauthorize the program for seven years.
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