Led by Sen. Mike Johanns (R-Neb), the Senate passed legislation repealing the much-criticized 1099 reporting provision in the healthcare-reform law and sent the bill to President Obama for his signature.

RIMS says it has established RISK PAC, a political-action committee to support the campaigns of candidates for the U.S. Congress.

Some analysts say a combination of factors is conspiring to make rate increases for both commercial and personal lines inevitable, possibly by the beginning of next year.

A subcommittee of the House Financial Services Committee has passed legislation that would keep the National Flood Insurance Program in operation until Sept. 2016.

U.S. regulators are busy laying the foundation for modernizing solvency standards aimed at better understanding a carrier’s ability to withstand the stress of insured losses and making that reporting globally acceptable, experts say.

Insurers have begun to size up the extent of damage left in the wake of dozens of tornadoes that struck several Central Plains states over the weekend.

Insurers have begun to size up the extent of damage left in the wake of dozens of tornadoes that struck several Central Plains states over the weekend.

Property/casualty insurers need to utilize mobile technology, but doing so will not be as easy as adapting current web applications to handheld devices. A richer, more integrated level of service will be expected, especially among young people who have grown up in a digital world.