Testimony at a recent Senate hearing alleges a lack of consumer protection by state regulators, while one expert says few insurers will be deemed systemically important by the Financial Stability Oversight Council.

A proposed amendment to the National Flood Insurance Program that would split the difference on the sensitive wind-versus-water issue is being criticized as limited in scope and of questionable value to consumers.

Less than a week before shareholders of Transatlantic Holdings are set to vote on a potential merger with Allied World Assurance Co., Validus Holdingsa competing bidderis looking to oust Transatlantics board.

The Office of Civil Rights at the U.S. Department of Education recently issued a “Dear Colleague” letter that provides new guidance to higher-education…