News

This week, the Big “I” submitted a joint trade association letter to the U.S. Senate Banking Committee hearing outlining priorities for the next NFIP reauthorization.

This week, most discussions in both chambers are expected to revolve around options for the length of a temporary funding bill, also known as a continuing resolution.

Between July and August, commercial and personal lines insurance rates held steady for the third month in a row, according to the latest MarketScout pricing survey.

The intent of the recent DOL regulation is to encourage more states to establish retirement programs for private-sector workers, as similar efforts at the federal level have not gained traction.

In response to an executive order President Obama issued last year as part of his climate change agenda, FEMA has issued a new proposal for defining the “floodplain” for federally funded projects.

At a recent Federal Advisory Committee on Insurance meeting, KPMG experts said they predict self-driving cars will become the “new normal” over the next 25 years—and that the insurance industry could experience significant impacts within the next decade.

Many employers have focused on two solutions for complying with the new overtime rule—but depending on state law, they may have a third option to keep labor costs in check.

The NAIC principles are intended to serve as recommendations for Congress to consider during upcoming discussions regarding reauthorization of the NFIP.

Many homeowners lack adequate insurance coverage, do not fully understand their homeowners policies and do not have enough savings to support their households in the event of a disaster, according to a new survey.

In small commercial lines, millennials have a higher rate of face-to-face agent interaction and are more satisfied with insurance interaction than any other generation.