Regulation/Legislation

The Obama administration, launching an effort to get its health care reform legislation back on track, issued a report indicating that without changes health insurance premiums will continue to skyrocket.

Legislation to extend the National Flood Insurance Program that is not tied to a jobs bill, is likely to secure passage before NFIP expires, sources said.

Richard Burr of North Carolina, the U.S. Senate Republican chief deputy whip, will address the Independent Insurance Agents & Brokers of America membership March 4, the group announced.

The New York Insurance Department has put out an advisory warning consumers that some scientists believe there is a greater earthquake risk for New York City than previously believed.

A Senate bill in the Washington State Legislature to ban credit-based insurance scoring failed to come to a vote on the Senate floor before a deadline for moving legislation expired.

An agreement reached between the three major insurance brokerages and New York, Illinois and Connecticut officials opens the door for the firms to resume taking contingent commissions.