Commercial Lines

The Consumer Financial Protection Bureau will propose regulations this year imposing strict limits on force-placed insurance for homeowners, bringing it to a level that an industry expert says it should not be.

The Consumer Financial Protection Bureau will propose regulations this year imposing strict limits on force-placed insurance for homeowners, bringing it to a level that an industry expert says it should not be.

Reserve releases are showing signs of ebbing and insurers are pushing rate increases that could translate into as high as 10 percent increase over this year, according to a report.

Reserve releases are showing signs of ebbing and insurers are pushing rate increases that could translate into as high as 10 percent increase over this year, according to a report.

February was a costly and deadly month around the globe with more than 800 deaths and economic losses totaling well over $1 billion, says an Aon Benfield report.

Officials describe scenes of total devastation from a series of tornadoes that blanketed the Midwest last week, while insurers continue to tally up the cost of losses from the severe storms.

Tom Grady, commissioner of the Florida Office of Financial Regulation, has been tapped to be president of the states last-resort insurer.

Tom Grady, commissioner of the Florida Office of Financial Regulation, has been tapped to be president of the states last-resort insurer.