A lawsuit filed in federal court in Manhattan, and a judges recent ruling prompted by that suit, is further raising the financial stakes for insurance carriers who provided force-placed coverage for mortgage servicers during the housing bust and its aftermath.
The National Association of Insurance Commissioners should answer tough questions about what it is and the true scope of its authority, according to a senior member of the House Financial Services Committee.
The National Association of Insurance Commissioners should answer tough questions about what it is and the true scope of its authority, according to a senior member of the House Financial Services Committee.
A federal court in Miami has cleared the way for final action in a force-placed insurance lawsuit against J.P. Morgan Chase that is consistent with the emerging belief that federal courts are going to come down harshly on the side of consumers in FPI litigation.
A federal court in Miami has cleared the way for final action in a force-placed insurance lawsuit against J.P. Morgan Chase that is consistent with the emerging belief that federal courts are going to come down harshly on the side of consumers in FPI litigation.
Emergency-response managers from most major cities say they need more federal funds and information than they currently receive if they are to properly respond to a terrorist attack involving a radiological dispersal device or an improvised nuclear device.
Emergency-response managers from most major cities say they need more federal funds and information than they currently receive if they are to properly respond to a terrorist attack involving a radiological dispersal device or an improvised nuclear device.
House and Senate supporters of legislation to modify 2012s NFIP reform law held a meeting Monday to build momentum for prompt action to ease the impact of rate increases on affected homeowners.
House and Senate supporters of legislation to modify 2012s NFIP reform law held a meeting Monday to build momentum for prompt action to ease the impact of rate increases on affected homeowners.
Apart from its impact on consumers and businesses, Superstorm Sandy set in motion a re-evaluation by state, federal and local officials of the potential effects of severe weather events.