Regulation/Legislation

A regulators' survey has found a majority of Americans are unable to correctly answer four of 10 basic questions about insurance coverages.

Insurance industry officials said they expect when Congress resumes it will act quickly to renew the expired National Flood Insurance Program.

New York-based insurance brokerage Integro announced it has hired a former New York Insurance Department deputy superintendent who helped draft the state's controversial disclosure rules, as its chief compliance officer.

State legislators and insurance regulators have agreed to work together to find state-based solutions to modernize certain areas of insurance oversight, rather than seek a federal solution.

According to Florida TaxWatch, our state may be "one major hurricane hit away from depending upon Federal relief or facing financial crisis."

The California Insurance Department rejects an argument by insurance groups that its rules concerning investments with Iran-linked companies are illegal, a representative for the agency said.