Congress is apparently determined to allow increases in flood insurance premiums imposed by a 2012 National Flood Insurance Program reauthorization law.
Insurance trade association PCI says it is not optimistic Congress will move promptly to reauthorize the Terrorism Risk Insurance Act before it sunsets next Dec. 31.
Insurance trade association PCI says it is not optimistic Congress will move promptly to reauthorize the Terrorism Risk Insurance Act before it sunsets next Dec. 31.
The House today overwhelmingly passed legislation that would provide a mechanism for establishing true nonresident licensing reciprocity for insurance agents.
The House today overwhelmingly passed legislation that would provide a mechanism for establishing true nonresident licensing reciprocity for insurance agents.
J.P. Morgan Chase and lawyers for homeowners who paid for force-placed insurance have settled a lawsuit that calls for the bank to stop accepting commissions for placing FPI from Assurant.
Legislators and homeowners are pushing for federal action to delay flood insrance rate hikes some say will significantly affect homeowners and small businesses.
Legislators and homeowners are pushing for federal action to delay flood insrance rate hikes some say will significantly affect homeowners and small businesses.
A recent Washington state Supreme Court ruling holding insurers broadly accountable for the actions of their agents is just another way insurers can find themselves in hot water in the state, an attorney says.