An optional federal charter will never be approved by Congress as long as independent insurance agents so vehemently oppose the concept, according to Rep. Barney Frank, D-Mass., who chairs the House

The House won't accept the Senate version of legislation providing a federal backstop for terrorism risk insurance, a key congressman said last week, proposing to temporarily extend the current

BROOKLYN, N.Y.--A new regulation requiring every retail broker in New York to disclose to their clients the value of all compensation deals with insurers is being drafted by the state insurance departm

Pam Kirks, senior vice president at Gallagher, and Denise Malmberg, an assistant vice president at Gallagher, will join Wells Fargo Insurance Services and continue to manage the accounts, the company

The group said that after the 2004 and 2005 hurricane seasons, insurance companies were "fleeing America's coastlines, raising rates, and shrinking coverage for homeowners and businesses in the coasta

New York Superintendent of Insurance Eric Dinallo has appointed an attorney with Morgan Stanley to direct the state's newly-formed commission charged with reforming insurance and financial services re

WASHINGTON--A controversial House-approved bill to reform the National Flood Insurance Program by adding windstorm coverage is cheaper than a Senate measure according to a Congressional Budget Office r

WASHINGTON--A controversial House-approved bill to reform the National Flood Insurance Program by adding windstorm coverage is cheaper than a Senate measure according to a Congressional Budget Office r