Edward Lazear, chairman of the Council of Economic Advisors, told the Senate panel that the administration "opposes legislation to create a new federal program to backstop catastrophe insurance," and

Edward Lazear, chairman of the Council of Economic Advisors, told the Senate panel that the administration "opposes legislation to create a new federal program to backstop catastrophe insurance," and

A Louisiana federal court judge erred in ruling that a standard insurance policy exclusion for water and flooding damage did not apply where levee breaches from Hurricane Katrina were involved, insur

David Snyder, vice president and general counsel for the AIA, said that the court's ruling should be seen as more of a mandate to the EPA to make use of its regulatory authority, rather than an

WASHINGTON--The Supreme Court's recent gas emissions ruling in a case between Massachusetts and the Environmental Protection Agency should not open the gates for massive claims that ultimately impact i

WASHINGTON--Insurance companies will be forced to pay huge costs resulting from litigation that will follow the Supreme Court's decision yesterday allowing states and municipalities to sue companies ov

"We urge South Carolina to act cautiously and carefully examine all the available options to opening markets which will encourage and attract capital," said Donald Griffin, PCI vice president for pers

Let free market do its job, rather than undermine private sector, carriers