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House and Senate supporters of legislation to modify 2012s NFIP reform law held a meeting Monday to build momentum for prompt action to ease the impact of rate increases on affected homeowners.

The European Commission has proposed a Jan. 1, 2016 start date for new risk-capital rules for the insurance sector known as Solvency II, EU financial services chief Michel Barnier said in a statement on Wednesday.

The European Commission has proposed a Jan. 1, 2016 start date for new risk-capital rules for the insurance sector known as Solvency II, EU financial services chief Michel Barnier said in a statement on Wednesday.

British regulators see no case to intervene to stop a wave of money moving into insurance-linked markets like catastrophe bonds, saying the development should not be overstated.

British regulators see no case to intervene to stop a wave of money moving into insurance-linked markets like catastrophe bonds, saying the development should not be overstated.

Guy Carpenter & Co. has launched an Excess & Surplus Specialty Practice to help insurers in this space deal with competitive pressures and market fluctuations related to the standard market's appetite.