Noting “numerous and substantial errors” in the way it justified raising premiums as much as 39%, California insurance regulators have accepted the withdrawal of a planned premium increase by Anthem Blue Cross.

The U.S. House Financial Services Committee has forwarded a plan to extend the National Flood Insurance Program for five years to the full House.

Massachusetts’ governor defended his insurance department for disapproving 235 of 274 rate increases filed by health insurers for small business plans, noting that owners and working families are “drowning in double-digit premium increases.”

Another large health insurance company has postponed its proposed rate hike amid questions from state officials, this time in Iowa.

Shifts caused by changes from proposed health care reform could be felt among workers’ compensation insurers and actuaries, an industry expert said.