Bi-partisan support extends Terrorism Risk Insurance Act by six years, and also includes agent licensing reform with the inclusion of a permanent National Association of Registered Agents and Brokers. UPDATE: House also passes the Insurance Capital Standards Clarification Act, which recognizes the difference between the banking and insurance markets.
Bi-partisan support extends Terrorism Risk Insurance Act by six years, and also includes agent licensing reform with the inclusion of a permanent National Association of Registered Agents and Brokers. UPDATE: House also passes the Insurance Capital Standards Clarification Act, which recognizes the difference between the banking and insurance markets.
While there are always a number of wild cards in play, it could be said that performance in the Property & Casualty insurance market in 2015 will depend greatly on two things: the impact of new capacity on rate pricing, and whether or not Mother Nature's relative streak of kindness...
In March, California's population reached a noteworthy landmark: Latinos now outnumber whites for the first time in the state's history. This is more than a demographic factoidit is a benchmark moment on a path toward greater diversity in the U.S. population. This trend also will test the ingenuity and adaptability...
As Congress prepares to return to work Sept. 8 for an abbreviated session, a priority for the insurance industry will be ensuring that legislators keep on their radar enactment of a bill aimed at streamlining agent and broker licensing.
As Congress prepares to return to work Sept. 8 for an abbreviated session, a priority for the insurance industry will be ensuring that legislators keep on their radar enactment of a bill aimed at streamlining agent and broker licensing.
Insurance industry trade group officials lauded passage of the Senate version of legislation reauthorizing a federal backstop to terrorism risk insurance and urged the House to act promptly.