U.S. Senator Charles Schumer, D-N.Y., made clear to the Treasury Department that renewal of the Terrorism Risk Insurance Act will be one of his top priorities for this Congress. Treasury Secretary designate Jacob Lew says he is not familiar with Obama administration stance on the issue.

U.S. Senator Charles Schumer, D-N.Y., made clear to the Treasury Department that renewal of the Terrorism Risk Insurance Act will be one of his top priorities for this Congress. Treasury Secretary designate Jacob Lew says he is not familiar with Obama administration stance on the issue.

The National Flood Insurance Program is likely to run out of money to pay Superstorm Sandy claims, meaning it will probably need Congress to authorize a loan, a FEMA official says.

The National Flood Insurance Program is likely to run out of money to pay Superstorm Sandy claims, meaning it will probably need Congress to authorize a loan, a FEMA official says.

The independent overseer of the Troubled Asset Relief Program says in a new report today that it is essential going forward that American International Group have a federal consolidated regulator.

The independent overseer of the Troubled Asset Relief Program says in a new report today that it is essential going forward that American International Group have a federal consolidated regulator.

Legislation that would exempt agent commissions from the medical loss ratio calculation mandated under the healthcare-reform law passed a House committee today.

Legislation that would exempt agent commissions from the medical loss ratio calculation mandated under the healthcare-reform law passed a House committee today.