Regulation/Legislation

New York Governor David Paterson has introduced a program bill that would, except under limited circumstances, close all private group self-insured trusts in the state, tracking recommendations made by a task force earlier this month.

The National Flood Insurance Program would get yet another short-term extension--this time until Sept. 30--under expedited procedures legislation approved last week by the U.S. House of Representatives on a unanimous vote.

The Treasury Department's authority to conclude bilateral trade agreements on insurance with foreign countries will be considerably watered down.

The National Flood Insurance Program would get yet another short-term extension--this time until Sept. 30.

The U.S. government is likely to suffer a loss on its investment in American International Group.

Florida Insurance Commissioner Kevin McCarty has issued a Final Order to a dozen entities, including companies and their officers, for the unauthorized sale of health insurance products in Florida.