Arguing that "there is a limit to what a single state can do," Florida Insurance Commissioner Kevin McCarty and other advocates for a federal role in natural catastrophe insurance urged congressional

WASHINGTON--Legislation that would modify the federal measure that provides government support for insurers in the event of catastrophic terrorism loss has been introduced by Sen. Charles Schumer, D-N.

At a field session of the House Financial Services Subcommittee on Investigations and Oversight in West Palm Beach, Fla., sunshine state residents and officials spoke of the troubles in the Florida ho

WASHINGTON--Members of the House Financial Services Subcommittee on Oversight and Investigations will hold a hearing Monday in Florida to examine the impact of the homeowners' insurance "crisis" in are

Gary Kerney, assistant vice president, Property Claim Services for ISO, said that "PCS assigned catastrophe serial number 27 for damage caused by wind, hail, tornadoes and flooding in Alabama, Arkansa

Many of the questions revolved around the issue of profits, and whether the Hartford was seeking to make an excessive profit with their Florida rates. Specifically, members of the committee noted repe

Surplus lines brokers and insurers, who will meet to discuss issues in the crosshairs of their market segment this month, will also have an opportunity to attend educational sessions about broader

"Voters in states prone to massive hurricanes or major earthquakes deserve to know where the candidates stand on catastrophe protection before they cast their votes," said Pete McDonough, the national