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Reform of the National Flood Insurance Program remains an unresolved issue. Congress must reauthorize the debt-ridden Federal Emergency Management Agency-managed program by March 23. It already has ...
The U.S. P/C industry's major trade associations say they oppose several provisions in draft legislation that would revamp the National Flood Insurance Program. Their big worry: that the revamp as it ...
Insurance groups breathed a sigh of relief this week after legal scholars delayed a vote on a controversial restatement of liability insurance law. As reported by our sister publication Insurance ...
"Customers have pretty high expectations of us,” says Richard P. Creedon, president and CEO of Utica Mutual Insurance Co. of New Hartford, N.Y. As the company’s freshman leader—he completed his ...
Imitation is the sincerest form of flattery," says Charles Chamness, president and CEO of the National Association of Mutual Insurance Companies, referring to the rise of InsurTech startups like ...
When Larry Jansen took over as CEO of Grinnell Mutual five years ago, the property/casualty insurer's future was uncertain. The carrier, he says, had become a "typical 100-year-old" company. "We were ...
Under U.S. President Donald Trump, the Federal Insurance Office's future is far from certain. Created by the Dodd-Frank financial reform bill in 2010 and launched in 2011, the Federal Insurance ...
The National Association of Insurance Commissioners picked a former Pennsylvania Insurance Commissioner as its new CEO. Michael Consedine, who will take on his new role in early 2017, said in ...
Groups representing the U.S. property/casualty industry say they expect a soon-to-be President Donald Trump and Republican Congress will be receptive to their agenda in the months ahead. The Property ...
With news that Hurricane Matthew could hit Florida and nearby states by Friday as a Category 4 storm, the property/casualty insurance industry scrambled on Thursday to assess and prepare for the ...
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