Insurance News from January 27, 2006
National News
NFIP Seeks $5.6B Loan; Sen. Shelby Vows Rating Overhaul
The National Flood Insurance Program (NFIP) says it needs to borrow an additional $5.6...
International & Reinsurance News
Allianz, Goldman, Amex to Acquire 10% Stake in China’s ICBC Bank
Germany's Allianz Group, investment bank Goldman Sachs and American Express Company,...
East News
Mass. Economic Warning: Insurance Market Short on Capital
Massachusetts is facing a shortage of insurance capital that could jeopardize the...
West News
Democrats Propose Mandatory Flood Insurance, Development Limits
Citing the risks exposed by Hurricane Katrina, a group of California Assembly Democrats...
Southeast News
Fla. CFO to Reform Premises Liability Rule, Fix ‘Broken Civil Justice System’
A lack of meaningful tort reform in Florida has added unnecessary expenses to the...
Texas / South Central News
La. Citizens to Get Loans to Continue Paying Claims
With Louisiana's state-run homeowners insurance company quickly running out of money to...
Midwest News
NAMIC Works with Indiana Farm Mutuals to Correct Tax Code Mistake
The National Association of Mutual Insurance Companies and the Mutual Insurance...