U.S.
U.S. Federal Housing Administration to Tap $1.7B in Taxpayer Funds
The U.S. Federal Housing Administration (FHA) said on Friday that it will draw $1.7 billion in cash from the U.S. Treasury to help cover losses from troubled loans, marking the first time in its ...
La. Treasurer Suggesting State-Run Flood Insurance
Seeking a way to ease skyrocketing federal flood insurance rates, Treasurer John Kennedy suggested Wednesday that Louisiana should consider getting in the business of offering flood insurance ...
On the Regulation and the Facts
There was much coverage last month on the fifth anniversary of the collapse of Lehman Brothers, but it was also the fifth anniversary of the U.S. government's intervention in AIG. While the issues at ...
Looming Accounting Standard Will Add Complexity to Reserve Setting
Urging property/casualty insurance company investors to respond to a request for comment about a proposed accounting standard before the looming deadline, a carrier CFO said the proposal is destined ...
Forecasters Humbled, Insurers Relieved by Quiet Atlantic Hurricane Season
The 2013 Atlantic hurricane season is humbling forecasters by shaping up as the first in almost two decades without a major storm, confounding predictions that it would be more active than normal. ...
UN Report: Global Warming Has Slowed; Sea Levels to Rise More Quickly
Global warming has slowed since 1998 even though humans spewing ever more greenhouse gases are almost certainly to blame for damaging the atmosphere. That's according to a 36-page summary of a report ...
Auto Insurance Buyers Driven by Price: J.D. Power
Rate increases are driving more customers to obtain competitive price quotes, while satisfaction with the buying experience is trending downward among new-buyer customers due to lower price ...