Government
Lockton Fined in NY Over NRA Insurance; Probe of Other Players Continues
Insurance broker Lockton will pay a $7 million fine for administering National Rifle Association (NRA) member insurance programs in New York that officials say violate several state laws. The ...
Carriers, Calif. Commissioner Battle Over Wildfire Bills
California Insurance Commissioner Dave Jones appears to be poised for a fight with the insurance industry over a legislative package supporters say will protect survivors of wildfires that struck ...
Insurers Handed Updated Disaster Response/Recovery Plan Requirements in New York
The New York Department of Financial Services (DFS) has issued updated disaster response and recovery plan requirements for all insurance companies licensed to conduct business in New York state. It ...
Legions of Agents, Brokers Lobbied Congress About Flood Insurance Renewal, Tax Reform and More
Over many months now, Congress has continued to avoid passing a long-term renewal of the National Flood Insurance Program. The Independent Insurance Agents & Brokers of America was hoping to end ...
New York Gov. Cuomo Pressures Insurers, Banks on NRA Ties
New York Governor Andrew Cuomo on Thursday ramped up pressure on banks and insurers to revisit whether their ties to the National Rifle Association and other gun rights groups harm their reputations ...
Capitol Hill Leaders McConnell, Hoyer Measure Industry Expectations Before Big ‘I’ Lobbying Push
Two congressional leaders stood before an audience of more than 1,000 insurance agents and brokers on April 19 to tell them, in part, how important their industry is to the economy and the country. ...
U.S. Small Businesses Hammered by Uninsured Losses From 2017 Storms
Small businesses in the United States struggled with uninsured damages and lost revenue following a record-breaking year of hurricanes and wildfires, according to a Federal Reserve survey published ...
NOAA Retiring Hurricane Names Harvey, Irma, Maria and Nate
The names of four deadly hurricanes that slammed parts of the United States, Central America and the Caribbean last year are being retired. The National Oceanic and Atmospheric Administration ...