Reacting to the new health care reform law, Virginia Gov. Bob McDonnell signed legislation outlawing the U.S. government from requiring state residents to purchase medical insurance.

Insurers have secured key changes in financial services reform legislation easing a proposed financial requirement for large firms and eliminating tighter regulation of financial product sales.

Energy insurance sector prices are being driven down and carrier competition is increasing, the result of record capacity and low losses, a brokerage is reporting.

President Obama has signed the historic bill reforming regulation and financing of healthcare, saying the bill provides "reforms that generations of Americans have fought for and marched for and hungered to see."

What do a rainy day in Florida, a visit to mom's and a hot water carafe have in common? Find out at www.NoRiskZone.com.

NAMIC Chair John T. Hill II discusses some of the critical issues confronting the industry in the first of a two-part exclusive video interview with National Underwriter at www.property-casualty.com.

CIFG Holding Inc. in New York announced that David A. Buzen will become company president in addition to his current position as chief operating officer and chief financial officer.

The city of Perth in Australia has sustained major damage from a severe storm which the Insurance Council of Australia declared an insurance catastrophe, Guy Carpenter reported.