In the wake of Dodd-Frank and NRRA, states are considering two different agreements, NIMA and SLIMPACT. Florida, with nearly $15 to $20 million in annual tax revenues at stake, has elected to go with NIMA. Floridas insurance commissioner tells us why.

Like cowboys, risk management professionals round up and subdue potentially dangerous, unpredictable, and hard to manage "animals." But instead of a lasso, they rely on effective internal controls.

The aviation-insurance market is described as stable with renewal pricing indicating no dramatic change in trends, and losses to date are at one of the lowest levels in years, according to two insurance brokers reports.

Markup of legislation reauthorizing the National Flood Insurance Program in the Senate has been delayed for at least a weekand could be pushed back until early September.