September 07, 2010
The property and casualty insurance industry is gearing up to battle for certainty for the National Flood Insurance Program (NFIP) when Congress returns for a short session Sept. 13....
August 25, 2010
Insurance crime experts are warning that “slip and fall” claims are soaring, and as a result, such claims are coming under greater scrutiny for potential fraud by both insurers and investigators....
August 09, 2010
Creation of an optional federal charter for insurers will be on Congress’ 2011 agenda because it has strong bipartisan support.
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August 04, 2010
Sen. Jay Rockefeller, D-W.Va., failed to win a commitment from federal and state insurance regulators for regulations imposing tight control on administrative costs in health care insurance premiums.
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August 03, 2010
Ethics violations against Rep. Charles Rangel, D-N.Y., include a charge that he solicited and won a $5 million grant from a foundation then associated with American International Group to create an educational institute that bears his name.
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July 29, 2010
As Rep. Gene Taylor, D-Miss., continues to lobby the House for his bill adding wind to the National Flood Insurance Program (NFIP), another bill in the Senate seeks a compromise to settle the “wind vs. water” issue.
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July 28, 2010
Twenty-five members of the House have asked federal health regulators to ensure a role for licensed insurance agents in the Web portal that will be used to aid consumers in comparing coverage options.
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July 22, 2010
Now that President Barack Obama has signed financial services reform into law, an intense lobbying effort will be set in motion to shape the regulations that will implement the bill to the liking of insurers, brokers and other interested parties....
July 15, 2010
Domestic and foreign insurers traded barbs—although the foreign insurers did so anonymously—at a congressional hearing over whether the U.S. should tighten rules dealing with the ceding of premiums to offshore parent companies by U.S. affiliates....
July 13, 2010
The House leadership is hoping to process as early as Wednesday legislation that would provide certainty to the National Flood Insurance Program.
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