Regulation/Legislation

We take a breather from our Japan earthquake and tsunami coverage to look at a flood program bill mark-up, SLIMPACT news, an MBIA-related court filing, crash taxes and auto fraud in New York, and how the improving economy presents issues for risk managers.

A House panel will conduct a second hearing on the National Flood Insurance Program April 1, and mark up draft legislation April 6, according to officials briefed on the plan.

North Carolina lawmakers already have banned young drivers from using cell phones and everyone else from texting or emails while behind the wheel. Now they're considering whether to go further.

States continue to interfere with the lawful operation of risk retention groups and federal legislation is needed to stop the practice, the National Risk Retention Association is telling the Government Accountability Office.

Insurance accounting manual processes eliminated—and compliance issues solved—thanks to financial software.

This year’s massive Florida property insurance reform bill has made its way through the Senate Budget Committee, but changes to the bill irk industry representatives.