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The National Association of Professional Insurance Agents today urged the leaders of the House to "quickly pass" legislation now expected to be on the floor Thursday that would reauthorize the National Flood Insurance Program for five years.

Authors of a recent study that opposed a proposed tax on offshore reinsurers "don't have their math right," according to William R. Berkley, chairman and CEO of the W.R. Berkley Co.

The contractor is at the focus of criminal investigations in the fatal fire at the Deutsche Bank building in 2007

Senate Democrats announced that they have the votes to secure passage of financial services reform legislation in the Senate after getting support Monday night from Sen. Olympia Snowe, R-Maine.

Steve Schmutz, founder of MountainView Software, has been named director of operations, Western Region, for Riskonnect, a risk management software provider.

The House leadership is hoping to process as early as Wednesday legislation that would provide certainty to the National Flood Insurance Program.

The ACE Group of insurance and reinsurance companies announced David Furby as division president, Commercial Property & Casualty, for the company's overseas general operations.

Two Allstate subsidiaries in Florida are asking regulators to approve 33 percent and 18 percent average statewide rate increases for homeowners insurance based on the fact that loss expenses are exceeding premiums, Allstate said.