Florida and Georgia have renewed their partnership to provide services in the event a catastrophe compromises their ability to respond to a disaster. First drafted in 2009, the updated plan is designed to ensure a continuity of operations so that …
The U.S. Department of Justice sued Allied Home Mortgage Capital Corp and two top executives over fraudulent lending practices that have cost the government more than $834 million of insurance claims. In a complaint filed Tuesday, the Justice Department said …
The Obama administration Friday pulled the plug on a major program in the president’s signature health overhaul law — a long-term care insurance plan dogged from the beginning by doubts over its financial solvency. Targeted by congressional Republicans for repeal, …
As many property owners continue to recover from hurricane and tropical storms Irene and Lee and new storms form offshore, the U.S. Senate is taking steps to renew the federal flood insurance program. Today, the Senate Committee on Banking and …
Wright USA has launched a professional liability product tailored to United States government personnel who are responsible for managing the activities of others. The product – branded as the Career Protector Plan – is designed to offer more comprehensive coverage …
The Association of British Insurers has issued a set of guidelines and an explanation of the insurance coverage incident to the recent riots in London and other UK cities. The ABI estimates that insured losses and damage suffered by individuals …
Commissioner of Workers’ Compensation Rod Bordelon recently announced final disciplinary actions taken by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC). The final actions include orders related to violations of the Texas Labor Code and rules promulgated by …
Just days after the surplus line reform legislation became effective, federal legislators heard comments from industry insiders on concerns regarding the implementation of provisions in the bill, including how states will come to consensus on surplus lines premium tax proposals. …
In a renewed attack against President Barack Obama’s healthcare overhaul program, House Republicans voted Tuesday to deny funding for a central element of the law that sets up marketplaces for people to shop for health insurance coverage. The bill passed …
The UK government’s recently proposed budget contain a number of measures aimed at helping UK firms to increase their business, and to make them more competitive. As the UK’s insurance industry is one of the country’s most successful sectors, it …
