Government
National Flood Insurance Program Once Again on the Verge of Expiration
About six months after Congress passed a short-term reauthorization, the National Flood Insurance Program (NFIP) will soon expire—a prospect that could cause coverage lapses for policyholders with ...
Insurance Industry Reps Back Reauthorization of Federal Terrorism Backstop
Marsh McLennan lost 358 employees in the terrorist attack on the World Trade Center on Sept. 11, 2001, and in Washington last week Michelle Sartain, who has worked at Marsh for more than 28 years, ...
U.S. Political Violence Surges to Record, Bloomberg Analysis Shows
Political violence in a polarized US is surging, with the past five years of assassinations and attempts on the lives of politicians the highest on records dating back to the 1960s, a Bloomberg ...
U.S. Appeals Court Hits Pause on Challenges to SEC Climate Rule
A federal appeals court on Friday said it was pausing its consideration of legal challenges against the U.S. Securities and Exchange Commission's climate regulations until the ...
Judge Strikes Down Trump Guidance Against DEI at Schools and Colleges
A federal judge has struck down two Trump administration actions aimed at eliminating diversity, equity and inclusion programs at the nation's schools and universities. In her ruling, U.S. District ...
CVS Not Covered by Insurance for Opioid Lawsuits: Delaware High Court
CVS Health is not entitled to coverage from insurers, including AIG and Chubb, against thousands of lawsuits over its role in the nation's opioid crisis, Delaware's highest court ruled on Monday. The ...
Senator Schiff Brings Back Idea of Federal Reinsurance Program
Sen. Adam Schiff recently reintroduced his Incorporating National Support for Unprecedented Risks and Emergencies (INSURE) Act to create a federal catastrophic reinsurance program. The insurance ...
Why Experts Say States Need to Get in the Business of Floodplain Buyouts
As flooding becomes an increasingly common and destructive feature of Texas life, housing experts are calling for the creation of a statewide, voluntary buyout program to move residents out of the ...