A Congressional Budget Office study reported that the health care reform legislation the House is expected to vote on by Sunday would cost $940 billion over 10 years.

Insurance representatives said they may get a deal for Senate financial services reform legislation with no financial assessments and little regulatory impact for high-asset insurers.

House Democrats have picked up two key votes needed to push health care reform legislation through Congress.

Angry over Senate tax law proposals, the House is holding up action on a Senate measure that would extend the National Flood Insurance Program through the end of the year.

The Hartford has announced that it plans to repay the $3.4 billion it borrowed from the Treasury last year under the Troubled Asset Relief Program.

Legislation proposed by Sen. Chris Dodd, D-Conn., would give specific authority to federal banking regulators to oversee insurance companies, especially if they pose a potential threat to the financial system.

America's Health Insurance Plans today urged Congress to revise current health care reform legislative proposals to focus more on cost controls and medical liability law changes.

Sen. Chris Dodd, Conn., chairman of the Senate Banking Committee, announced that the committee will start work Monday on financial services legislation that would impose federal regulation on large insurers.