Schumer Introduces Federal Chartering BillWashington The Congressional debate over federal chartering of insurance companies has officially begun.Sen. Charles Schumer, D-N.Y., introduced legislation establishing optional federal ...
Senate Seeks Consensus On Terrorism ReinsuranceWashington The U.S. Senate, which had been deadlocked on the issue of a federal role in terrorism insurance, might be ...
CFA Calls For Controls Over Insurers Washington Congress must make sure that insurers do not exclude coverage for terrorism, and that states certify that rates ...
Timing, Suspicion Hurts Insurers In D.C.Washington At this writing, Congress appears ready to enact some form of terrorism insurance legislation that the industry wont like.The ...
Punitive DamageProvision Could Derail Terrorism Bill Washington Creating a federal role in the market for terrorism insurance remains a top priority for Congress this year, ...
Federal Terrorism Bill StallsWashington Congressional efforts to create a federal role in financing losses caused by terrorism appear to have stalled in both the House ...
P-C Insurers Split Over ACLI Charter PlanWashington Property-casualty insurers are divided over the decision last week by the American Council of Life Insurers to formally ...
Independent Agent Groups SueTo Overturn OCC Va. Bank Ruling Washington Two insurance agent groups have filed a lawsuit against the U.S. Office of the ...
Terrorism Insurance Loan Program Clears CommitteeWashington The U.S. House Financial Services Committee has approved a terrorism insurance assistance plan based on federal loans that private ...