A deal struck between two key senators appears to give new life to a possible five-year extension of the National Flood Insurance Program, which is set expire May 30.

The National Association of Health Underwriters is urging its membership to contact their senators to support a bill that would exempt agent and broker commissions from the medical loss ratios controlling health insurers’ spending.

Arthur J. Gallagher & Co. acquired a 36-year-old, Louisiana-based employee benefits and insurance brokerage company serving the southern U.S.

The U.S. Justice Department is forcing Humana and Arcadian Management Services to divest themselves of Arcadian’s Medicare Advantage business in parts of five states to secure approval of Humana’s acquisition.

Louisiana’s insurance commissioner, Jim Donelon, warned insurance agents of an alleged scam involving possible fraudulent insurance covering habitation risks that has at least one victim.

A New Orleans police officer committed suicide Feb. 7 after news reports indicated that he and two other officers were being investigated for insurance fraud by the Federal Bureau of Investigation.

A letter, signed by a coalition of Republican and Democratic senators, asks Senate leadership to bring a long-term reauthorization of the National Flood Insurance Program to the floor for a vote as soon as possible.

State-specific factors create a “wide fluctuation” of auto insurance premium rates across the country, making some states’ averages more than double the rates of other states.

A total of 19 states and Washington, D.C., reached an agreement with The Prudential Group, one of the largest life insurance companies in the U.S., in a case involving its unclaimed property practices.

Natural disasters cost insurance companies more than $32 billion in direct insured losses in the first nine months of 2011, nearly double the average of other years, according to the Insurance Information Institute.