News

Little insurance coverage is available to protect business against fallout from the swine flu outbreak, and risk managers need to be aware of how to minimize potential infections among staff and compensate if the worst-case scenario comes to pass.

Eight industry trade groups supporting an optional federal insurance charter told key members of Congress in a letter last week that financial services reform should include a dedicated national regulator.

The American Association of Managing General Agents is gearing up for its annual meeting in Boca Raton, Fla., later this month, drawing its members to the gathering with the promise of networking opportunities.

American International Group said last week that despite the ongoing investigations by federal authorities, they know of no illegal activity by the company's controversial financial products unit.

A group of insurance industry chief executives expressed major concerns here during a panel discussion that the Obama administration's recovery plan will spawn inflation over the next few years.

The Florida House of Representatives gave final approval and sent the governor a bill that could raise home coverage rates by up to 10 percent for policyholders with the state-created Citizens Insurance Corp.