Regulation/Legislation

The National Flood Insurance Program will pay claims for damage to homes and contents from oil driven ashore during hurricanes, its officials announced earlier this month.

The debate over disclosure of broker compensation took an ugly turn with a lawsuit filed in New York last month, although the most important verdict might not come in the court house but in the court of public opinion.

Global reinsurers and their bondholders are poised to benefit as more U.S. jurisdictions look to follow Florida's lead on easing global reinsurers' collateral requirements, according to a Moody's Investors Services analysis.

Before Congress and the administration turned their attention to health insurance reform, it was possible to believe insurers could escape rate regulation if they had the option of choosing federal insurance regulation over state regulation.

Fear of wage-and-hour claims is escalating among buyers and sellers of employment practices liability insurance, with sellers' fears limiting EPLI solutions for small employers--and resulting in none at all for the largest ones, market participants report.

If the U.S. Immigration and Customs Enforcement opened a costly investigation of your business and employment practices, would the legal costs be covered under your existing employment practices liability insurance policy?