The Independent Insurance Agents & Brokers of America today praised Congress for passing the “Biggert-Waters Flood Insurance Reform and Modernization Act of 2012.” The legislation will extend the National Flood Insurance Program (NFIP) for five years and make reforms to …
Some key excerpts from the majority opinion written in National Federation of Independent Business v. Sebelius by Chief Justice John Roberts: The Framers gave Congress the power to regulate commerce, not to compel it, and for over 200 years both …
Industry and other reactions to the U.S. Supreme Court decision upholding the Patient Protection and Affordable Care Act have been coming in. Readers are encouraged to offer their own reactions in Comments section. America’s Health Insurance Plans (AHIP) President and …
The U.S Supreme Court today upheld the individual mandate that is the centerpiece of President Obama’s healthcare reform law. The court has upheld most of the Patient Protection and Affordable Care Act but did find the Medicaid expansion provision opposed …
The Senate bill to renew the federal flood insurance program is being jeopardized by a Republican senator who is insisting on an amendment to the bill that defines “when life begins,” Senate Majority Leader Sen. Harry Reid, D.-Nev., said today. …
The Obama Administration has signaled its support for a Senate bill (S.1940) to reauthorize the National Flood Insurance Program (NFIP). The Senate advanced the bill yesterday but did not vote on it as Majority Leader Sen. Harry Reid, D.-Nev., indicated …
Now that the U.S. Senate has voted on a federal farm bill, it is scheduled to take up federal flood insurance starting Monday. Senate Majority Leader Harry Reid has officially filed “cloture” on the measure (S.1940) and it has been …
Eighteen coastal states permit insurers to use hurricane deductibles in their homeowners policies. But the Insurance Information Institute is concerned insureds may not see them even though they are clearly listed on their policies or understand them since they may …
U.S. Senators Jeanne Shaheen, D-N.H., and Pat Toomey, R-Pa. are urging the Senate to support their bipartisan amendment to end what they say are excessive federal crop insurance subsidies for large American farming operations. The Shaheen-Toomey amendment would cap crop …
Trade groups representing global financial companies have applied to operate the new domain names .insurance and .bank. on behalf of the financial services industry. The American Bankers Association (ABA) and The Financial Services Roundtable have applied to operate registries for …
