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Arizona eyes new role on health insurance reviews by Bloomberg.com - May 17,2012 Arizona is one of more than two dozen states challenging the federal health care overhaul, but Republican Gov. Jan Brewer's administration is moving to implement part of the contested law by reviewing health insurance rates to see if they should ... [full story]

Congress extends federal flood insurance program for 30 more days by The Times-Picayune on Nola.com - May 17,2012 WASHINGTON -- The federal flood insurance program got another 30-day extension from the House on Thursday, while some lawmakers continue to work for the long-term extension they say is needed to ensure its stability. "I support the House version as ... [full story]

Dog bite claims cost insurers $497M in 2011, insurance group says by AP Associated Press - May 17,2012 (AP) LOS ANGELES - Dog bites man does not get a lot of attention in the news, but it costs insurance companies hundreds of millions in claims every year. State Farm Insurance, one of the nation's largest home insurers, paid more ... [full story]

U.S. property/casualty insurance companies kick off 2012 with profit by BusinessInsurance.com - May 17,2012 Premium growth and lower catastrophe costs helped allow U.S. property/casualty insurance companies to begin 2012 with positive net income, according to a report released this week by Moody’s Investors Service Inc. The report, “U.S. P&C Insurers’ 1Q12 Earnings Improve on ... [full story]

FAIR insurance plan rate increase rejected by Boston Business Journal - May 14,2012 Massachusetts has rejected a proposed rake hike for home insurance policies under a plan used by consumers who couldn't get insurance otherwise, and rates will stay in place. Last November, the Massachusetts Property Insurance Underwriters Association (MPIUA) proposed a ... [full story]

Is world outpacing U.S. on health care? by WashingtonPost.com - May 14,2012 Even as Americans debate whether President Obama’s health-care law and its promise of guaranteed health coverage should be scrapped, many far less affluent nations are moving in the opposite direction — to provide medical insurance to all citizens. China, ... [full story]

Insurers must credit ObamaCare when giving new round of rebates, feds say by The Wall Street Journal - May 13,2012 Health-insurance companies must tell customers who get a premium rebate this summer that the check is the result of the Obama administration's health-care law, according to federal guidelines released Friday. The move is the latest sign the Obama ... [full story]

Insurance exchange gives retail agents more market access by BusinessInsurance.com - May 13,2012 While brokers and agents have long invested in agency management systems to capture and format insurance application data, and insurers have devised portals with product and service information, integrating that information has been the goal of the insurance exchange movement. ... [full story]