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The Federal Emergency Management Agency today asked Congress to support a two-year reauthorization of the existing National Flood Insurance Program as the clock continues to wind down on the current authorization, which expires May 31.

The Federal Emergency Management Agency today asked Congress to support a two-year reauthorization of the existing National Flood Insurance Program as the clock continues to wind down on the current authorization, which expires May 31.

Summing up the insurance market for upstream and downstream energy risks, a recent Willis report says a fragile stability is prevailing where pricing is flat to slightly up. But Willis says factors such as overall market hardening and the ongoing Euro crisis could create a more challenging market for buyers.

The Bermuda Stock Exchange aims to attract more listings of catastrophe bonds and other insurance-linked securities, taking market share away from its biggest rival, the Cayman Islands bourse, its Chief Executive said on Monday.

The Bermuda Stock Exchange aims to attract more listings of catastrophe bonds and other insurance-linked securities, taking market share away from its biggest rival, the Cayman Islands bourse, its Chief Executive said on Monday.

Mortgage insurer MGIC Investment Corp posted a narrower first-quarter loss as the housing market shows signs of improvement and fewer Americans struggle with their mortgage payments.