Ed Rust is stepping down as CEO of State Farm after 30 years and will continue on as chairman of the board. He has named COO Michael Tipsord his successor.
The IRS and Congress are on to small captive insurers that are being used for tax and estate planning purposes over their intended risk management purposes.
California Insurance Commissioner Dave Jones approved a new coverage option designed to address gaps in insurance coverage for drivers who work for TNCs.
Brad Kieserman, the federal official appointed to overhaul the National Flood Insurance Program, announced he is resigning after four months on the job.
California insurance commissioner Dave Jones has appointed George Mueller as the new deputy commissioner for the Department of Insurance's enforcement branch.
The Florida Cat Fund should have $17 billion available for this Atlantic hurricane season thanks to a lack of hurricanes hitting the state in the past 10 years.
Floridas coastal communities have added almost a half-million new homes in the last decade, but the risk of catastrophic destruction hasnt grown along with the new development.
The Florida Cabinet discussed performance metrics Tuesday for reviewing the work of agency heads. The protracted venture stretches back to the bungled ouster of former state law enforcement chief Gerald Bailey.