Ground was broken today in Chester, S.C., for a $44 million disaster laboratory that can test structures for resistance to hurricane winds, wildfires and hail.
While the demand for training and education for risk managers has not waned despite the struggling economy, many are increasingly turning to online courses as a way to save money while still expanding their expertise.
The federal government should help regulate the insurance industry, a consumer group representative and a law professor urged a U.S. Senate panel last week.
A consumer group representative and a law professor told a Senate panel that they think the federal government should help regulate the insurance industry.
The U.S. House of Representatives plans to speed up consideration of a measure to reform regulation of surplus lines insurance and reinsurance, industry lobbyists say.
The Group of North American Insurance Enterprises said it has joined a new coalition to work with accounting organizations to reform accounting standards linked to the financial crisis.
The U.S. House of Representatives plans to speed up consideration of a measure to reform regulation of surplus lines insurance and reinsurance, industry lobbyists say.
The German Bankers Association is calling on Congress to create an optional federal charter for insurers, saying federal regulation would promote "better regulation with no less scrutiny" than under the current system.
Eight industry trade groups supporting an optional federal insurance charter told key members of Congress in a letter last week that financial services reform should include a dedicated national regulator.