While the U.S. House and Senate agree that the National Flood Insurance Program should be extended, how to achieve that goal and for how long seem to be areas of disagreement in Washington, D.C.

With hurricane season approaching, Florida’s Citizens Property Insurance Corp. plans to sell $2 billion in tax-exempt bonds to add to its reserves for claims.

In a move it says “dramatically accelerates its national growth,” Marsh & McClennan Agency has acquired Roanoke, Va.-based Thomas Rutherfoord Inc., one of the nation’s largest independently owned firms.

Life and property-casualty insurers have recovered greatly from the ground it lost in the recession, according to a new analysis.

Two property-casualty insurers, who recently stopped writing business in Virginia, had their certificates to operate in Arkansas suspended by regulators, citing their negative surplus balance.

Starr Indemnity & Liability Co. and Chubb & Son have entered into an underwriting agreement for workers’ compensation coverage for construction, energy and environmental customers.

A national insurance producer registry, operated by an organization of state insurance commissioners, has processed its 100 millionth licensing transaction.

Property-casualty insurers will need to raise rates as their combined ratios approach 110, according to the chairman and chief executive of CNA.

Legislation has been introduced to permit risk retention groups to write commercial property coverage, expanding their role from the selling of liability insurance only.

Florida’s chief financial officer is calling for a report on the financial health of the state’s property insurers heading into hurricane season.