Legislation proposed by Sen. Chris Dodd, D-Conn., would give specific authority to federal banking regulators to oversee insurance companies, especially if they pose a potential threat to the financial system....
The amount of U.S. property and casualty reinsurers’ net premiums written last year was flat at $23.9 billion, a survey by the Reinsurance Association of America found. ...
Insurance representatives said it is unclear how promptly and in what form the House will act on new Senate legislation to extend the National Flood Insurance Program to Dec. 31....