A new report by Fitch Ratings paints a dire picture if Congress fails to renew the Terrorism Risk Insurance Act.

A new report by Fitch Ratings paints a dire picture if Congress fails to renew the Terrorism Risk Insurance Act.

Louisianas two senators are furthering their quest to forestall flood insurance rate increases by asking President Obama not to nominate the Federal Emergency Management Agency administrator as Homeland Security secretary.

Louisianas two senators are furthering their quest to forestall flood insurance rate increases by asking President Obama not to nominate the Federal Emergency Management Agency administrator as Homeland Security secretary.

The impact of the financial crisis on the P&C insurance industry was difficult to measure, according to a new report from the Government Accountability Office.

Lawyers for former American International Group CEO Maurice Hank Greenberg and the companys former CFO have filed motions to have a New York court throw out charges dealing with a decade-old reinsurance deal, or, in the alternative, for another judge to handle the case.

Legislation introduced in the Senate late July 25 would give the Federal Reserve Board the authority to tailor capital standards of insurers it oversees to the business of insurance.

Legislation introduced in the Senate late July 25 would give the Federal Reserve Board the authority to tailor capital standards of insurers it oversees to the business of insurance.