Regulation/Legislation

Tower Group International Ltd., the insurer that agreed to be bought by ACP Re Ltd. amid a stock plunge, hired Greenhill & Co. to provide advice on repaying debt if the takeover collapses.

In a patchwork landscape of data breach notification laws, the adage by Benjamin Franklin: Remember that time is money. Remember that credit is money has never been more true for American companies preparing for and responding to data breaches.

Legislation has been introduced in Congress that would clarify that private flood insurance should be an option available to homeowners.

Legislation has been introduced in Congress that would allow members of the U.S. military to retain their auto-insurance policies when they are transferred to new bases.

The MLR provision of the Affordable Care Act is working the way we hoped it would, Sen. John D. Rockefeller said today at a contentious Senate hearing during which Republicans challenged aspects of the law.

Insurance industry trade groups Tuesday urged Congress to promptly pass legislation designed to partly roll back federal authority to oversee or monitor insurance companies enacted as part of the Dodd-Frank financial reform act.