Natural catastrophes and terrorist attacks can place enormous financial demands on the insurance industry, resulting in higher premiums and substantially reduced coverage.
Democratic House Judiciary Committee members have asked that the Government Accountability Office assess possible problems with a proposed asbestos injury trust fund.
Asbestos Fund A Costly Idea, GAO WarnsWashington--With the Senate considering a proposed asbestos injury fund, the Government Accountability Office is warning lawmakers they should ...
Washington--The insurance industry is prepared to resume critical operations promptly following a terrorist attack, but state insurance regulators should work to ensure that systems ...
Washington--Both supporters and opponents of the Senate proposal for a $140 billion federal asbestos trust fund are pointing to a recent report by the ...
The financial viability of the federal flood insurance program is threatened by insufficient subsidized rates, said a top official of the U.S. Government ...
An insurers' trade group has accused Michigan's governor of playing destructive election politics by proposing an insurance reform package that includes a 20 percent ...
Washington--Democrats introduced legislation in the House late today that would give victims of Hurricanes Katrina and Rita retroactive coverage under the federal flood insurance ...