Insurance-industry officials this weekend voiced strong support for the Obama administrations request to raise the National Flood Insurance Programs borrowing authority by 50 percent.

Insurance-industry officials this weekend voiced strong support for the Obama administrations request to raise the National Flood Insurance Programs borrowing authority by 50 percent.

The borrowing authority for the National Flood Insurance Program would be increased 50 percent, to $30.4 billion, as part of a Superstorm Sandy supplemental budget request submitted to Congress by the Obama administration late Friday.

The borrowing authority for the National Flood Insurance Program would be increased 50 percent, to $30.4 billion, as part of a Superstorm Sandy supplemental budget request submitted to Congress by the Obama administration late Friday.

Federal Emergency Management Agency officials are girding for sticker-shock outrage from consumers as they prepare to implement across-the-board rate increases in the flood-insurance program.

Federal Emergency Management Agency officials are girding for sticker-shock outrage from consumers as they prepare to implement across-the-board rate increases in the flood-insurance program.

A top official of State Farm today attacked proposed rules by federal regulators to provide consolidated regulation of insurers that operate thrifts, saying the rules do not make sense and may conflict with existing state-based regulations.

A top official of State Farm today attacked proposed rules by federal regulators to provide consolidated regulation of insurers that operate thrifts, saying the rules do not make sense and may conflict with existing state-based regulations.