Browsing: Senate

A new bill introduced in the Senate seeks to provide a long-term extension to the National Flood Insurance Program, moving away from the cycle of short-term renewals.

A summary of local news, including the ongoing homeowners insurance crisis, the race to fill the vacant Senate District 17 seat, and a planned protest at the NOAA facility.

A Senate committee approved a proposal to revamp a state-operated property insurer, addressing concerns about insurance availability and affordability after recent devastating wildfires.

Senator Raffy Tulfo and Insurance Commissioner Atty. Reynaldo Regalado clarify that car owners with comprehensive insurance do not need to purchase separate compulsory third-party liability (CTPL) insurance for vehicle registration.

Despite existing policies clarifying the matter, some Land Transportation Office (LTO) frontliners are reportedly still requiring vehicle owners with comprehensive insurance to purchase compulsory third-party liability (CTPL) insurance unnecessarily. A recent Senate hearing brought this issue to light again.