More members of Congress hail from backgrounds as state legislators than any other occupation. This means that the exposure of these former state-turned-federal lawmakers to insurance issues typically involved auto insurance, according to the powerful U.S. Rep. Barney Frank, D-Mass., …
The key House leader on insurance issues says he will push for a 120-day extension of the federal terrorism reinsurance program that expires at year’s end rather than simply accept the Senate bill that is narrower in scope than the …
Declarations Saved by sprinkler “It is almost certain that the entire building and possibly adjoining buildings would have been destroyed by a fire of enormous magnitude.” — Hartford, Vt., Assistant Fire Chief Stephen Leinoff crediting a sprinkler with extinguishing an …
More members of Congress hail from backgrounds as state legislators than any other occupation. This means that the exposure of these former state-turned-federal lawmakers to insurance issues typically involved auto insurance, according to the powerful U.S. Rep. Barney Frank, D-Mass., …
A key House leader says he will push for a 120-day extension of the federal terrorism reinsurance program that expires at year’s end rather than simply accept the Senate bill that is narrower in scope than the House bill. Rep. …
Two congressional leaders on Wednesday asked the U.S. Department of Housing and Urban Development to reject a Mississippi plan to divert $600 million in Hurricane Katrina housing funds to an expansion project for the State Port at Gulfport. Reps. Barney …
Senate leaders have agreed on a bill to renew the federal terrorism reinsurance program, although without some of the added provisions and for not as long as the House of Representatives wants. The Senate Banking Committee, chaired by Sen. Chris …
Workable competition “We all like competition when it works but we’ve seen enough failures to know that without proper safeguards, businesses will seek to add to their bottom line at the expense of the public and the consumer.” — Deirdre …
Declarations “We all like competition when it works but we’ve seen enough failures to know that without proper safeguards, businesses will seek to add to their bottom line at the expense of the public and the consumer.” — Deirdre Cummings, …
The House of Representative approved by a vote 312-110 H.R. 2761, the Terrorism Risk Insurance Revision and Extension Act of 2007 (TRIREA), legislation that extends and revises the federal terrorism insurance backstop for 15 years. The current federal terrorism insurance …
