The U.S. Senate voted down a proposal to renew the National Flood Insurance Program, meaning people seeking to close on properties in flood zones cannot move forward.
New York Insurance Department Superintendent James J. Wrynn is scheduled to deliver the keynote address at the New York Insurance Association’s 2010 annual conference.
Senate Democrats have unveiled a comprehensive financial reform bill, calling for “responsibility and accountability” in the financial sector through several provisions, including those affecting the insurance industry.
On the heels of another short-term extension for the National Flood Insurance Program (NFIP), two national industry groups say they are pleased the initiative will continue, but seek greater certainty of its future.
The prospect of a national “czar” for insurance regulation is again rearing its ugly head, according to a recent articleposted on IFAwebnews.com. The comprehensive story lays out arguments both pro … Read →
Groups are lining up on both sides now that two members of Congress have formally introduced a bill seeking to create an optional federal charter through an Office of National … Read →
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.