March 13, 2009
The Sierra Club, American Rivers and Taxpayers for Common Sense– all members of the Americans for Smart Natural Catastrophe Policy– are opposing legislation that would add wind insurance coverage to the National Flood Insurance Program (NFIP). According to these groups, …
March 13, 2009
Lawmakers told the top U.S. accounting rulemaker to deliver new guidance on mark-to-market accounting within three weeks, or face legislation changing the rule that has forced banks to write down billions of dollars in assets. Financial Accounting Standards Board Chairman …
March 12, 2009
The effects of the widespread peanut butter recall could cost rural America’s peanut producers $1 billion in lost production and sales, according to testimony at a House subcommittee hearing. That could be just the beginning, the head of the Georgia …
March 11, 2009
The U.S. Senate passed a measure extending the nation’s flood insurance program through September 2009 last night. While the U.S. House of Representatives passed an extension to the National Flood Insurance Program (NFIP) through Sept. 30, 2009, under the omnibus …
March 10, 2009
Rep. Gene Taylor, D.-Miss., isn’t letting opposition by major insurance companies keep him from pushing his plan to make wind coverage for properties available through the federal flood insurance program. Taylor’s proposal — the Multiple Peril Insurance Act of 2009– …