insurance reform News

It’s On: Florida Special Session on Insurance Slated for Dec. 12-16

It hasn’t been made official by the governor’s office, but Florida legislative leaders have set a date for a second special session to tackle property insurance issues – Dec. 12 through Dec. 16. Memos from newly sworn Senate and House …

Florida Insurance Bill Passes Senate, But Chances in House Uncertain

The Florida Senate approved a bill that could limit many homeowners’ roof claims, which some insurers have called a major factor behind the state’s insurance crisis, but the bill’s future in the House chamber is far from certain. The Senate …

India’s Opposition Party Could Support Insurance Industry Liberalization

India’s main opposition Congress party signaled on Monday it could support government legislation to liberalize the insurance industry, a long-delayed reform expected to help improve investor confidence. Prime Minister Narendra Modi proposed in August to lift the cap on foreign …

India’s Finance Minister’s Insurance Reform Agenda Runs into Political Hurdles

An Indian Parliament deadlocked yet again over corruption scandals threatens Finance Minister P. Chidambaram’s ambitious reform agenda, dealing a harsh dose of political reality on the heels of his North American roadshow to sell the India story. Two long-stalled reforms …

Treasury Seeks Comments on Improving Insurance Regulation

The U.S. Treasury Department’s Federal Insurance Office is seeking public comment for its report on how to improve the country’s insurance regulatory system. The study is mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act. The study aims …