Sens. Mary Landrieu, D-La., and David Vitter, R-La., placed holds on the legislation, which would have phased out subsidies for secondary residences, increased participation in the flood program and f

"The purpose for this legislation is to provide incentives for states to adopt higher building code standards, which will ultimately help preserve property, promote public safety, and make Americans a

Committee Chairman Chris Dodd, D-Conn., said the bill "helps to ensure that the flood insurance program can continue to provide critical insurance coverage so that people are not crippled when facing

Whether or not asbestos fades as a mass tort subject, plaintiffs' attorneys have been searching for the next big thing for years and they're continuing to do so, say experts like David Golden, a

Meet the new asbestos--or maybe it's just the same as the old asbestos. That's the sentiment expressed by experts on the question of what mass tort issue will be the next to fuel class action lawsuits

The legislation, known as the Flood Insurance Reform and Modernization Act, was sponsored by the chairman of the Senate Banking Committee, Chris Dodd, D-Conn., along with the panel's ranking member, R

Committee Chairman Chris Dodd, D-Conn., said the bill "helps to ensure that the flood insurance program can continue to provide critical insurance coverage so that people are not crippled when facing

WASHINGTON--The Senate Banking Committee is due to vote tomorrow on its version of legislation to reform the National Flood Insurance Program, in a format that will be largely the same as a bill approv