Regulation/Legislation

FEMA administrator, representatives, citizens' groups and real estate agents talk about the challenges arising from mandated rate increases for federal flood insurance.

More questions have been raised against NAIC and its role in the marketplace. Is the timing more than coincidence?

There is a lot of agreement among interested parties but the differences could stand in the way on a reauthorization bill.

FEMA says Mississippi lacks standing to sue the federal government for raising flood insurance premium rates, and has not demonstrated that it will suffer imminent, irreparable injury absent an immediate delay in implementing the rate hikes.

To remain relevant in a changing world, insurers must assume relevant amounts of risk in areas that matter to clients and resist the temptation to accept government involvement in difficult areas, according to ACE CEO Evan Greenberg.

Mandates from Connecticut, New York, and Rhode Island may prompt insurers to adjust existing emergency policies and procedures.