On Wednesday, the U.S. House of Representatives passed H.R. 26, the Terrorism Risk Insurance Program Reauthorization Act of 2015 during the first days of the 114th Congress by a 416-5 bipartisan vote.
No longer bound to a 24/7 workweek, my wife and I managed to avoid the horrible winter of 2014 by being in sunny Florida. But it was not a time for beach and sun we kept busy with classes, reading, studying, concerts (both in the audience and as participants)...
Prepping for the next terrorism attack on U.S. Soil is on the minds of many insurers as the country nears expiration of TRIA. The fear is not if, but rather when another assault on the U.S. occursand conversely, not when the industry pays those claims, but if it is able...
Force-place insurance underwriters would be barred from paying fees and commissions to banks who own or service home mortgages that are either delinquent or in foreclosure under a rule proposed by the regulator of Freddie Mac and Fannie Mae.
Force-place insurance underwriters would be barred from paying fees and commissions to banks who own or service home mortgages that are either delinquent or in foreclosure under a rule proposed by the regulator of Freddie Mac and Fannie Mae.