News

A Senate committee approved a bill to retroactively eliminate the current liability cap for damage from oil spills.

The Senate, last night, extended the long delayed National Flood Insurance Program.

The board of directors of the Insurance Industry Charitable Foundation (IICF) named David Brinkman chairman of the IICF New York Division board of directors.

Solid enterprise risk management was behind one firm's recovery from the financial downturn, while another long-established company is just allowing the concept to percolate within its operation, related two risk mangers

The House took an important step toward reforming financial services industry regulation last night, passing legislation that would for the first time establish a federal office designed to deal with insurance activities.

XL Group plc said it has completed its previously announced re-domestication to change the parent holding company's place of incorporation to Ireland from the Cayman Islands.