In his deficit-reduction proposal, President Obama voices support for provisions in House legislation that would eliminate subsidies, over five years, on 30 percent of properties insured by the National Flood Insurance Program.

Three Californians who normally earn an honest wage helping individuals get out of jail now face time behind bars on charges of kidnapping, extortion and insurance fraud.

Richard Savino has been elected president of Professional Insurance Agents of New York State Inc.

The risks being taken by students today make football look blas, says Shirl Hedges, underwriting manager for schools at Philadelphia Insurance Cos. On the activity list these days: survival weekends, rock climbing, bronco bull riding and flying to a field-trip destination in a parents private airplane.