The U.S. Senate unanimously extended the National Flood Insurance Program (NFIP) through May 31, 2012, and the House of Representatives passed a bill reforming and extending it for five years the NFIP.

Seven Republican congress members introduced a bill (H.R. 3127) that would prohibit the payment of death gratuities to the surviving heirs of deceased members of Congress.

The U.S. House of Representatives passed a bill that would extend the National Flood Insurance Program for five years.

Congress hasn’t given up on the National Flood Insurance Program, despite billions and billions of reasons – $17.75 billion worth – to let it head out to sea.

A property-casualty insurer trade group is continuing its push for the U.S. House of Representatives to vote on a reform and re-authorization bill for the National Flood Insurance Program.

An insurance trade group says the U.S. House is “moving in the right direction” toward affirming state-based insurance regulation by voting to defund health insurance exchanges.

President Barack Obama signed a repeal of “onerous” reporting rules, forcing insurance agency owners and other small businesses to report on 1099 tax forms any transactions with vendors of at least $600.

A bill that would extend the National Flood Insurance to September 2016 advanced out of a subcommittee of the U.S. House of Representatives, the first step toward possible passage.

The U.S. Senate has joined the U.S. House of Representatives in passing a bill that will repeal the 1099 tax reporting requirements imposed on businesses with federal health reform.

A collection of insurance companies, taxpayer advocates and environmental groups are urging changes to a bill in the U.S. House seeking to reform the National Flood Insurance Program.