Illinois state legislators are running counter to a national trend by proposing creation of a state workers compensation insurance fund that would compete with the private system.

The flood-insurance program has the money to pay claims resulting from Superstorm Sandy, but is just one large event away from needing to ask Congress for more money, a state-insurance regulator is warning.

The flood-insurance program has the money to pay claims resulting from Superstorm Sandy, but is just one large event away from needing to ask Congress for more money, a state-insurance regulator is warning.

U.S. lawmakers on Thursday pressed a new financial risk council to release more details about closed-door meetings, saying the public needs to know more about what regulators are doing to prevent the next financial crisis.

U.S. lawmakers on Thursday pressed a new financial risk council to release more details about closed-door meetings, saying the public needs to know more about what regulators are doing to prevent the next financial crisis.

If February is any indicator of future performance, Progressive Corp. may be on its way to achieving a combined ratio well below 96the number the insurers chief executive says is necessary to remain profitable.

If February is any indicator of future performance, Progressive Corp. may be on its way to achieving a combined ratio well below 96the number the insurers chief executive says is necessary to remain profitable.

A bill in the House introduced by New York State representatives, would extend the grace period for flood-insurance-premium increases for Superstorm Sandy victims.