News

Just before taking a month-long recess, the House once again opted not to act on legislation that would add windstorm coverage to the National Flood Insurance Program.

Probe of Rep. Charles Rangel pulls insurers into the spotlight.

The National Association of Insurance Commissioners has created a task force to examine ways of ensuring that agents continue to be key players even after health care exchanges are launched in 2014.

While a bid to add wind coverage to federal flood insurance has stalled in Congress, a southern senator is pitching a compromise bill that seeks to bridge the gap over wind-vs.-water damage claims.

Disallowing the tax deduction for reinsurance between affiliated entities would have a "detrimental effect on U.S. consumers" and lead to higher insurance premiums, the head of a trade group representing European carriers warned.

Claims never seem to be routine when animals are involved. As insurance professionals told us, animals complicate matters by chewing, devouring, stomping, or even just lying motionless.