Regulation/Legislation

President Obama signed legislation that reauthorizes the National Flood Insurance program until Sept. 30, 2017, ending years of political stalemate.

The National Association of Insurance Commissioners has been working to figure out how to correctly compute health insurers medical loss ratios for future years, as mandated under the Patient Protection and Affordable Care Act.

Insurance industry professionals are furious with the New York state legislature after a bill was passed that did nothing to provide meaningful auto no-fault insurance reform, says the head of the states insurance company trade association.

Getting more people to buy earthquake insurance coverage is a challenge and the California Earthquake Authority says it has developed a new product line that attempts to do that.

Smaller agencies selling employee-benefits services face increased compliance demands and lower commissions now that the healthcare-reform law has been upheld by the Supreme Court, but agents are not throwing in the towel just yet.

Nevada has become the latest state to withdraw from the Nonadmitted Insurance Multistate Agreement, leaving only five states and Puerto Rico as members.