Regulation/Legislation

The Florida Senate Banking and Insurance Committee earlier this week delayed action on a massive property insurance bill aimed at reforming everything from sinkhole claims to the amount of surplus a property insurer should carry.

Legislation has been introduced in Congress by Rep. Candice Miller, R-Mich, that would phase out the National Flood Insurance Program by the end of 2013.

The former director of the District of Columbia’s captive insurance program will return to D.C. as commissioner of the Department of Securities, Insurance and Banking, starting Feb. 14.

Is the health care reform law unconstitutional? Florida makes the call.

Senior members of the Senate Judiciary Committee clashed over whether the government can force individuals to buy health insurance, with Senate Democrats ultimately blocking a Republican effort to repeal the health care reform law enacted last year.

Natural catastrophes in 2009 demonstrated the increasing potential from allied secondary perils. Increasingly complex and interlinked risks arising as a consequence of climate change make public-private partnerships essential, Swiss Re’s David Bresch argues.