The Flood Insurance Subcommittee of the American Academy of Actuaries has reviewed the provisions currently in H.R. 3121 that affect the financial well being of the National Flood Insurance Program (NFIP). In particular, we have analyzed the sections of the …
The National Flood Insurance Program is over $17 billion in debt according to the American Academy of Actuaries, adding further anxiety to a proposal to add wind peril coverage to the national plan. While the U.S. House of Representatives passed …
Capping a long battle, the Senate passed legislation this week that would require equal health insurance coverage for mental and physical illnesses when policies include both. The bill, which passed by unanimous consent, moves advocates one step closer in their …
Florida Gov. Charlie Crist has sent a letter to U.S. Sens. Mel Martinez and Bill Nelson in support of federal legislation to address rising catastrophe insurance costs. Crist also sent letters to House Speaker Nancy Pelosi and Senate Majority Leader …
U.S. Rep. William Jefferson of Louisiana easily defeated his fellow Democratic opponent in a runoff election Dec. 10, despite an ongoing federal bribery investigation. In complete but unofficial returns, Jefferson, Louisiana’s first black congressman since Reconstruction, received 57 percent of …
Farm-state senators will make a last-ditch effort this week to pass agricultural disaster assistance, though it’s unlikely it will become law before the new year. North Dakota Sens. Kent Conrad and Byron Dorgan, both Democrats, pressured Republican leadership to take …
Although it took a little time for all the votes to be counted, the 2006 midterm elections saw a wave of Democratic candidates wrest control of both houses of Congress, gain a majority of the governorships and take control of …
Former California Insurance Commissioner John Garamendi has won the election for Lt. Governor by a narrow margin of 49.5 percent to Republican Tom McClintock’s 44.9 percent, according to California’s Secretary of State. In the race for insurance commissioner, Republican Steve …
Although it took a little time for all the votes to be counted, the 2006 midterm elections saw a wave of Democratic candidates wrest control of both houses of Congress, gain a majority of the governorships and take control of …
Although it took a little time for all the votes to be counted, the 2006 midterm elections saw a wave of Democratic candidates wrest control of both houses of Congress, gain a majority of the governorships and take control of …
