The property-casualty insurance industry will focus on retaining as much of the current Terrorism Risk Insurance Act as it can this Congressional term.Congress, scheduled ...
Katrina Tax Relief Deal ExpectedWashington--Tax relief for homeowners in the Gulf Coast region affected by Hurricane Katrina could be approved and on the president's ...
Washington--The removal of indicted Rep. Tom DeLay, as House majority leader eliminates a major stumbling block for terrorism insurance backstop legislation sought by insurance ...
Washington--Democrats introduced legislation in the House late today that would give victims of Hurricanes Katrina and Rita retroactive coverage under the federal flood insurance ...
Higher premium rates are expected to entice new entrants into the Florida homeowners insurance market, Standard & Poor's said yesterday in a new report.However, ...
Washington--The Washington, D.C. attorney general said Marsh & McLennan Companies Inc. has agreed to be monitored by the District authorities to ensure its compliance ...
Disaster Bill Gets New LifeWashingtonLegislation designed to encourage insurers to write in disaster-prone areas through a federal reinsurance program has been introduced in the U.S. ...
Washington--Legislation extending the Terrorism Risk Insurance Act being crafted by the Republican majority staff of the House Financial Services Committee will likely call for ...
Ratings agencies are viewing Allmerica Financial Corporation's decision to divest most of its life operations as a strong positive for the company's property-casualty businesses.Both ...