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Despite a looming veto threat from the Bush administration and anticipated opposition in the Senate, the House has passed legislation reforming the National Flood Insurance Program--including a
Property-casualty insurer net income for the first half of this year soared by double-digits to $32.6 billion, but deepening price cuts in all but catastrophe-exposed properties are beginning to
A letter from funded consumer representatives at the National Association of Insurance Commissioners rips the organization on the closeness of some state regulators to the industry, including former
The Latin American Agents Association said two of its agent representatives have filed a class action suit against technology reporting firm ChoicePoint alleging the company failed to protect customer
The Casualty Actuarial Society said it will hold a seminar next month on the application of predictive modeling techniques by actuaries to such areas as homeowners insurance, workers' compensation, co
Joe Annotti, vice president of public affairs for PCI, said the group's main lobbying effort has been extension of the Terrorism Risk Insurance Act, which provides federal support for insurers in the
The European Commission after a lengthy study has reported finding some questionable practices by the insurance industry including a lack of disclosure by brokers and an inherent conflict of interest
Mr. Myers, managing partner in the Washington office of Morris, Manning & Martin, said two of the states where issues are emerging are Massachusetts, which is seeking to require RRGs to "register," a
The motor vehicle safety standard for side impacts, announced by the National Highway Traffic Safety Administration earlier this month, should save an estimated 300 lives a year and reduce hundreds of
Sidney O. Smith, the first licensed insurance agent in Georgia, founded the agency in 1916. The current majority owners are George D. Jones, chief executive officer, and Jim Moore, president. Mr. Moor
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