Government News

FEMA Tightens Policy on Flood Safety

A new federal policy outlined a week before Hurricane Katrina struck could force residents in hundreds of communities nationwide to...

AFG Notes Preliminary Katrina Losses

American Financial Group Inc. has issued a preliminary estimate of its expected loss from Hurricane Katrina. Based on information available...

GE PLANS SALE OF INSURANCE UNITS:

General Electric Co. likely will sell all of its remaining insurance operations, which include Kansas City-based GE Insurance Solutions, according...

FINITE REINSURANCE REQUIREMENTS ENDED

The Florida Office of Insurance Regulation has withdrawn proposed state-specific requirements regarding the accounting treatment of finite reinsurance, making it...

News Briefs

MASSACHUSETTS Agents Contribute $20K to Katrina Relief: The Massachusetts Association of Insur-ance Agents is sending a $20,000 check to the...