Regulation/Legislation

Adoption of the Jumpstart Our Business Startups Act gives companies easier access to capital from the general investing public, but also presents liability exposures that directors and officers insurers do not yet fully understand, says a report from Marsh.

Legislators and industry leaders comment on the 60-day NFIP extension, a new bill to bar insurance policies from covering executives found liable for actions harming their companies, Facebook's IPO, and more.

With President Obama signing a 60-day National Flood Insurance Program extension bill, a lapse in the program has been avoided, but industry officials are wasting no time looking to the next phase and calling on the Senate to act on a five-year extension.

The Non-Admitted Insurance Multi-State Agreement has adopted the revenue-sharing agreement of a rival compact in an apparent effort to jumpstart creation of a uniform system to implement a premium-tax-sharing component of the federal surplus-lines reform law.

Wisconsins commissioner of insurance amended his decision from last week and will now allow Ambac to purchase just two of three bank notes.

Sen. David Vitter, R.-La., today introduced a five-year National Flood Insurance Program extension in the form of an amendment to bipartisan drug legislation.