News

Extension of the current authorization for the National Flood Insurance Program will be hanging in the air today if a planned Senate vote on a continuing resolution conflicts with an earlier House vote.

Extension of the current authorization for the National Flood Insurance Program will be hanging in the air today if a planned Senate vote on a continuing resolution conflicts with an earlier House vote.

Business has picked up in the bidding for Transatlantic Holdings since the New York-based reinsurer and Allied World Assurance called off their proposed merger, as Transatlantic says it has entered into two confidentiality agreements: one with Validus Holdings and one with an undisclosed third party.

Workers compensation lost-time claims increased 3 percent last year, the first increase in such claims since 1997, the National Council on Compensation Insurance, Inc. reports today.

Obama-administration plans to further reduce crop-insurance subsidies could accelerate a consolidation process in the agricultural insurance sector that is already long underway, according to Moodys.

Obama-administration plans to further reduce crop-insurance subsidies could accelerate a consolidation process in the agricultural insurance sector that is already long underway, according to Moodys.