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Washington--Revised flood insurance reform legislation, including language allowing a gradual increase in rates for vacation home coverage, is set for action Wednesday by the House Financial Services C

U.S. District Court Judge Ed Kinkeade in Dallas upheld the legislative ban against insurers owning auto repair shops, but struck down the requirement that Allstate must tell claimants of all the optio

First, the insurance business used up too much of GE's capital, he said. The company needs a return on equity of its businesses of 20-to-25 percent, he pointed out, and the insurance businesses only r

Tim Wagner, director of the Nebraska Insurance Department, will co-chair the panel that will examine how global warming will affect the availability and affordability of insurance and the financial he

Several Senate committees are also working on similar legislation. The Senate Banking Committee, among other panels, is drafting a bill, but it is unclear when the measure will be unveiled and acted o

Richard Ward, who assumes his post on April 24, is currently vice chairman of the newly re-branded ICE Futures--formerly known as the International Petroleum Exchange [IPE]--where he served six years