IFAwebnews » David Sampson

First-half net income for P-C insurers drops 71%, as losses mount

Bob Graham — Tue, 11 Oct 2011 12:49:25 +0000

Private U.S. property-casualty insurers’ net income fell 71%, fueled in large part by losses from catastrophes.

First-half net income for P-C insurers drops 71%, as losses mount via IFAwebnews.

Increased sales could be first sign of hardening P-C market

Bob Graham — Fri, 17 Sep 2010 10:02:09 +0000

Sales of property-casualty insurance policies in the U.S. increased for the first time in 13 quarters, according to an induåçstry organization, as personal lines insurers appeared to charge higher premiums in the second quarter.

Increased sales could be first sign of hardening P-C market via IFAwebnews.

House to debate ‘unnecessary’ addition of windstorm coverage to NFIP

Bob Graham — Thu, 22 Jul 2010 12:06:18 +0000

The U.S. House of Representatives is scheduled today (July 22) to debate a bill that would expand the National Flood Insurance Program (NFIP) to include windstorm insurance coverage.

House to debate ‘unnecessary’ addition of windstorm coverage to NFIP via IFAwebnews.

Financial services reform bill overcomes last roadblock

Bob Graham — Thu, 15 Jul 2010 16:38:30 +0000

The Democratic-led Senate overcame a Republican effort to halt passage of the Dodd-Frank Act, clearing the procedural hurdle and assuring its passage.

Financial services reform bill overcomes last roadblock via IFAwebnews.

Financial services reform bill loosens regulatory grip on insurance

Bob Graham — Fri, 25 Jun 2010 17:13:01 +0000

A U.S. Senate and House conference committee on financial services regulatory reform agreed early today (June 25) on a bill that would avoid duplication between state and federal insurance regulation.

Financial services reform bill loosens regulatory grip on insurance via IFAwebnews.

U.S. House passes bill in first step to restoring NFIP

Bob Graham — Wed, 23 Jun 2010 15:59:26 +0000

The U.S. House passed an extension to the National Flood Insurance Program, the first step in restoring the program, which expired May 31.

U.S. House passes bill in first step to restoring NFIP via IFAwebnews.

National Flood Insurance Program to end as hurricane season begins

Keith L. Martin — Fri, 28 May 2010 16:47:11 +0000

Unable to reach consensus on either a short- or long-term extension on the National Flood Insurance Program (NFIP), legislators in Washington, D.C., will let the federal program lapse as of the first day of the hurricane season.

National Flood Insurance Program to end as hurricane season begins via IFAwebnews.

House panel approves National Flood Insurance Program extension

Keith L. Martin — Wed, 28 Apr 2010 13:42:54 +0000

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.

House panel approves National Flood Insurance Program extension via IFAwebnews.

National Flood Insurance Program extended through May

Keith L. Martin — Fri, 16 Apr 2010 12:48:58 +0000

After 18 days in limbo, congressional leaders finally decided to extend the National Flood Insurance Program through the end of May.

National Flood Insurance Program extended through May via IFAwebnews.

Property-casualty group lauds upheld insurance antitrust exemption

Keith L. Martin — Wed, 24 Mar 2010 12:39:17 +0000

Repealed by the U.S. House, but omitted from sweeping health reform signed into law by President Barack Obama, a property-casualty group is praising the preservation of an antitrust exemption for insurance.

Property-casualty group lauds upheld insurance antitrust exemption via IFAwebnews.