Regulation/Legislation

It remains unclear whether the federal government will be able to fully recoup its investment in American International Group, the Government Accountability Office says in a new report.

The idea to privatize Citizens Property Insurance Corp., tossed out at a recent board of governors’ meeting, continues to draw attention.

Flood-insurance reauthorization legislation proposed by the leadership of the Senate Banking Committee would mandate a phase-out of subsidies while forgiving the program’s debt.

A controversial auto buying program promoted by GM and MetLife has been fully vetted and is in compliance with insurance regulations, MetLife and state regulators say.

Missouri's Insurance Department says it has recovered more than $5 million in the first half of the year for residents who filed complaints about their insurance companies.

The Prudential New Jersey Captive Insurance Co. has been approved as the first captive insurer to be licensed in the state, according to the New Jersey Department of Banking and Insurance.