Corporate Risk

Two Gulf-Coast senators are seeking to remove a Senate flood-insurance legislation provision requiring flood coverage in areas already protected by levees, dams or other flood-control structures.

Two Gulf-Coast senators are seeking to remove a Senate flood-insurance legislation provision requiring flood coverage in areas already protected by levees, dams or other flood-control structures.

California workers compensation insurers, which have been hurt by increasing underwriting losses over the past three years, should benefit from two bills signed into law recently, and from several bills opposed by the industry that were not signed, according to Moodys.

California workers compensation insurers, which have been hurt by increasing underwriting losses over the past three years, should benefit from two bills signed into law recently, and from several bills opposed by the industry that were not signed, according to Moodys.

Legislation introduced that would place significant restrictions on domestic insurers that cede reinsurance to their foreign affiliates is being strongly opposed by the Risk and Insurance Management Society, (RIMS), which it says could ultimately impact capacity.

Legislation introduced that would place significant restrictions on domestic insurers that cede reinsurance to their foreign affiliates is being strongly opposed by the Risk and Insurance Management Society, (RIMS), which it says could ultimately impact capacity.