Legislation that would create a federal backstop for catastrophic bonds issued by state guaranty funds could ultimately expose the taxpayers to further risk and damage reform efforts at the state level, NAMIC said Wednesday.
For the second consecutive time, Congress has failed to extend the National Flood Insurance Program before its expiration date and has allowed it to lapse.
As the House votes to pass legislation repealing the limited anti-trust exemption for health insurers, the National Association of Mutual Insurance Companies (NAMIC) offered a word of caution about the implications of the bill.
USAA (#2) and Amica Mutual Insurance Company (#14) were recognized in the March 1, 2010, issue of BusinessWeek in the Bloomberg BusinessWeek/J.D. Power & Associates annual "Customer Services Champs" list ranking the top 25 companies across all industries "who know how to treat customers right."
