Representatives of foreign and domestic insurance and reinsurance trade groups are suggesting that one means of reforming the National Flood Insurance Program (NFIP) is privatizing all or part of it.

For the fifth year in a row, Florida -- considered a major segment of "hurricane alley" -- has avoided the devastating damages that come with the vicious storms.

Laura M. Toops discusses what happened in 2010, and hopes 2011 will be a better year for the insurance industry.

Desperate acts by people who normally would not think of committing insurance fraud have drawn attention to the problem, but are relatively rare compared with the everyday deliberate fraud that takes place across the country.