The Senate overcame a procedural roadblock early today that sets the stage for passage on Saturday of legislation containing a provision reauthorizing the National Flood Insurance Program until Feb. 28.

There will be no language repealing the antitrust exemption afforded health and medical malpractice insurers in the Senate health care legislation, an aide to its chief Senate sponsor confirmed today.

A group of college students has won an award for an anti insurance fraud video posted on YouTube, the New York Alliance Against Insurance Fraud (NYAAIF) said.

PineBridge Investments, the renamed American International Group unit, has delayed its $500 million sale to Pacific Century Group for a month to provide more information to clients, a spokesman said.

Procedural roadblocks thrown up by Republicans to stop action on health care legislation in the Senate are putting the National Flood Insurance Program in jeopardy.

Insurance Consumer Advocate Sean Shaw is convening a gathering of heavy hitters to discuss the current property appraisal process.

Zurich-based PERILS AG, the European catastrophe insurance data aggregator announced placement of two insurance risk transactions, one with Credit Suisse and another with unnamed parties.

A.M. Best Co. said it has affirmed the financial strength ratings and issuer credit ratings of most property and casualty and life and health insurance subsidiaries of American International Group, Inc.