A risk management group is urging U.S. Senate passage of a House measure it says will bolster protection against the risk of terrorist or criminal attacks on wastewater treatment plants.

The National Association of Insurance Commissioners announced it has selected global investment management firm PIMCO to reassess investments that insurers complained were undervalued by major rating firms.

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The National Association of Insurance Commissioners has won significant changes to legislation creating a Federal Insurance Office, giving state regulators more say in its operations.

Property and casualty and life insurers have written lawmakers objecting to language in legislation giving federal regulators oversight of insurance holding companies they believe pose a systemic risk to the financial system.

Marine insurers face a stormy market, battered by declines in trade, expansion of piracy, stalled capital markets and lower investment returns, an insurance brokerage reports.

A bill introduced in the U.S. House of Representatives would prohibit insurers from canceling or non-renewing homeowners insurance policies with houses containing Chinese drywall.

Almost 80 percent of property and casualty executives in a survey said their processing of medical claims could be improved, a consulting firm has found.