Predictably, large lobbying expenditures by property and casualty insurance companies in 2011 focused on catastrophe issues and on pursuing legal reform.

Predictably, large lobbying expenditures by property and casualty insurance companies in 2011 focused on catastrophe issues and on pursuing legal reform.

Former regulators and legislators have created a new committee aimed at putting pressure on Washington officials to continue to focus on rules and laws aimed at reducing systemic risk in financial markets.

Former regulators and legislators have created a new committee aimed at putting pressure on Washington officials to continue to focus on rules and laws aimed at reducing systemic risk in financial markets.

State Farm Mutual Insurance Co. spent more on lobbying than any other property and casualty insurance company in 2011, according to data released today by SNL Financial.

State Farm Mutual Insurance Co. spent more on lobbying than any other property and casualty insurance company in 2011, according to data released today by SNL Financial.

The House passed a bill on May 30 under expedited procedures that extends the National Flood Insurance Program (NFIP) until July 31.

Lawyers for Maurice Hank Greenberg, former chairman and CEO of AIG, argue in a court filing that the Federal Reserve Board did not have unlimited powers when it moved to aid AIG in late 2008, and that some of its actions breached its duty to AIG shareholders.