The Senate vote to delay flood-rate hikes creates unlikely divisions and alliances on both sides of the issue. For example, statements opposing the bill came from insurance groups such as NAMIC and PCI, as well as from the Consumer Federation of America.
The White House has expressed concerns about some technical provisions of legislation that would re-establish the National Association of Registered Agents and Brokers.
The White House has expressed concerns about some technical provisions of legislation that would re-establish the National Association of Registered Agents and Brokers.
A recent paper on insurance supervision by a Wharton School professor suggests that the industrys current state-based regulatory system is out of date. The industry should be mindful of the issue, but Congress' priorities are elsewhere for the moment.
A recent paper on insurance supervision by a Wharton School professor suggests that the industrys current state-based regulatory system is out of date. The industry should be mindful of the issue, but Congress' priorities are elsewhere for the moment.
The Reinsurance Association of America is voicing strong support for legislation being considered by the Florida legislature aimed at encouraging insurers to offer private alternatives to covering flood risk.
The Reinsurance Association of America is voicing strong support for legislation being considered by the Florida legislature aimed at encouraging insurers to offer private alternatives to covering flood risk.