News

WASHINGTON--The House won't accept the Senate version of legislation providing a federal backup on terrorism risk insurance and will instead vote to extend the current program until April 30, a key con

BOSTON--An optional federal charter for property-casualty insurers will never be approved by Congress as long as independent insurance agents so vehemently oppose the concept, an influential congressma

Northbrook, Ill.-based Allstate Insurance Company announced today that as of last Thursday they have implemented up to a 30-day deferred payment period for customers located in counties directly affec

Two trade associations have joined forces in sending a mass e-mail to members of the captive insurance industry warning them of an Internal Revenue Service proposal that would eliminate tax benefits f

Insurance Commissioner Steve Poizner said the counties of Alpine, Colusa, Del Norte, Glenn, Inyo, Lassen, Mariposa, Modoc, Mono, Nevada, Plumas, San Luis Obispo, Sierra, Siskiyou, Tehama and Trinity C

"We are at the beginning of an intellectual and technological arms race that will remake the insurance business," warned Frank J. Coyne, chairman, president and chief executive officer of Jersey City,

Scott H. Richardson, South Carolina insurance director and chair of the Advisory Committee for the South Carolina Building Codes Council, said in a statement that the SC Safe Home Grant Program has aw

Florida's Office of Insurance Regulation announced plans are underway to move 173,000 homeowners policies out of Citizens Property Insurance Corp., the state's insurer of last resort, to four private