Efforts to reform and modernize the insurance market should focus on improving the state-based regulatory system without jeopardizing its effectiveness, the National Association of Mutual Insurance Companies (NAMIC) said today. Read more»
A proposed rule issued by the Federal Deposit Insurance Corporation (FDIC) recognizes state regulation of mutual insurance holding companies while providing insurers with greater certainty and clarity, the National Association of Mutual Insurance Companies (NAMIC) said today. Read more»
“Congress has thankfully avoided a lapse in the National Flood Insurance Program with the Continuing Resolution, but again we find ourselves waiting for real reform. Read more»
From the tornadoes that ravaged Alabama and Missouri to the severe flooding along the Mississippi River to Hurricane Irene’s pounding of the East Coast, we have been reminded throughout the year of the dramatic manner in which major storms can disrupt communities and destroy lives. Read more»
Stronger building codes save lives, property and taxpayer money — and I commend the Press-Register editorial board for urging Alabama officials to adopt and enforce model codes statewide. Fact is, this is not an issue confronting any one part of the state, nor is it limited to the shores or heartland of our nation. Read more»
On Oct. 17, 1989, rush hour in the San Francisco Bay area was well underway, with commuters inching their ways along the myriad highways snaking out of the city. The Giants were hosting the Oakland Athletics at Candlestick Park in game three of the World Series. Read more»
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