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The U.S. government has ordered crop insurers to charge lower premiums to soybean growers for the second year in a row as part of rate revisions for six major crops, even as many farmers collect on claims following this year's severe drought.
It was not Congress intent that federal regulators supplant state-based regulation with a bank-centric capital regime, Sen. Susan Collins, R-Maine, says in a Nov. 26 letter to Federal Reserve Chairman Ben Bernanke and other U.S. banking regulators.
It was not Congress intent that federal regulators supplant state-based regulation with a bank-centric capital regime, Sen. Susan Collins, R-Maine, says in a Nov. 26 letter to Federal Reserve Chairman Ben Bernanke and other U.S. banking regulators.
Rep. Jeb Hensarling, R-Texas, was named by Republicans as the new head of the House Financial Services Committee, while Rep. Ed Royce, R-Calif., a key figure on insurance-regulatory issues, was named chairman of the Foreign Affairs Committee.
Rep. Jeb Hensarling, R-Texas, was named by Republicans as the new head of the House Financial Services Committee, while Rep. Ed Royce, R-Calif., a key figure on insurance-regulatory issues, was named chairman of the Foreign Affairs Committee.
Colombia is launching insurance to protect coffee plantations hit by climate change, which has damaged output in the world's top producer of high quality Arabica beans in recent years, officials said on Wednesday.
The historical assumptions that serve as the foundation of insurance and business models have been shaken these past few years. Issues exposed by the recession highlight reasons for a 25-year downward trend in underwriting profitability. Factor in challenges posed by todays market, such as changes in the economy, consumer demographics...
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