News

A government watchdog agency report has hit the Federal Emergency Management Agency for lax oversight of the program that has private insurers write policies for the National Flood Insurance Program.

A reevaluation of insurance regulators' use of rating agencies is needed because their poor performance helped prompt the financial crisis, a regulator and consumer advocate testified today.

Lloyd's of London reported profit increased 39 percent for the first six months, but warned that recession effects and uncertainty over natural catastrophes could adversely affect year end results.

Developing energy sector technology demands will provide new underwriting opportunities for insurers, the chief executive of Marsh insurance brokerage said.

Ronald Velasquez discovered that when it comes to insurance claims, it's not always better late than never.

New taxes that would be imposed on insurers by proposed health care reform legislation would undermine the purpose of the measure, health care insurers' representatives wrote the Senate Finance Committee