All force-placed insurance firms doing business in New York have now agreed to put in place reforms that will substantively reduce cost of the coverage to homeowners.

A Georgia-based insurance broker tells the FHFA that its proposal to end inappropriate force-placed commissions and reinsurance arrangements does not go far enough. Meanwhile, lawsuits over perceived unfair premiums continue in several states, notably Florida.

A Georgia-based insurance broker tells the FHFA that its proposal to end inappropriate force-placed commissions and reinsurance arrangements does not go far enough. Meanwhile, lawsuits over perceived unfair premiums continue in several states, notably Florida.

A new bill extending the Terrorism Risk Insurance Act for 10 years has been introduced in the House.

A new bill extending the Terrorism Risk Insurance Act for 10 years has been introduced in the House.

Chubb has gained authority to write surplus-lines-insurance business in New Jersey, its own state--an apparent new trend.

Chubb has gained authority to write surplus-lines-insurance business in New Jersey, its own state--an apparent new trend.

Before going home for Memorial Day, Louisiana House members Thursday introduced legislation aimed at forestalling major increases in flood program rates starting next year.