News

As part of an ongoing effort to streamline the insurance standards development process, ACORD announced a redesign of its ACORD standards committee. ACORD's committees are made up of members who guide the standards development process as well as resolve issues, establish subgroups, and work to support implementation initiatives.

A panel of the House Financial Services Committee late Wednesday passed legislation that would keep the National Flood Insurance Program in operation until Sept. 2016.

A panel of the House Financial Services Committee late Wednesday passed legislation that would keep the National Flood Insurance Program in operation until Sept. 2016.

New Alabama Gov. Robert Bentley has signed an executive order to create the Coastal Insurance Commission to study availability and affordability of homeowners insurance and make recommendations.

Analysts say a combination of factors is conspiring to make rate increases for both commercial and personal lines inevitable, possibly by the beginning of next year.

Analysts say a combination of factors is conspiring to make rate increases for both commercial and personal lines inevitable, possibly by the beginning of next year.