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The Federal District Court in Gulfport may consider staying aspects of the planned National Flood Insurance Program rate hikes imposed by a 2012 law until the litigation is resolved or affordability studies are concluded, a senior research attorney at the University of Mississippi concluded in a new paper.
Shares of Ambac Financial Group Inc could be poised for steep gains in the coming years if the bond insurer continues to shrink its portfolio of obligations, business weekly Barron's wrote on Sunday.
Insurance Commissioner Adam Hamm of North Dakota will be leading the NAIC in 2014 with a focus on whats in front of him, he says, not whats in the rear-view mirror.
Insurance Commissioner Adam Hamm of North Dakota will be leading the NAIC in 2014 with a focus on whats in front of him, he says, not whats in the rear-view mirror.
Allstate says it expects to post a 2013 fourth-quarter settlement charge of between $100 million and $125 million as a result of a remeasurement of its pension obligations.
This past year saw its share of developments out of Washington that have shaped the industry in one way or another, and 2014 promises to be no different. See the top 5 issues that will impact insurers and producers in the New Year.
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