Late May storms resulted in at least $322 million in insured losses in Ohio, says a state trade association.

Florida Gov. Rick Scott has signed into law a commercial rate deregulation bill that expands the types of commercial insurance exempt from the rate filing and approval process.

Florida Gov. Rick Scott has signed into law a commercial rate deregulation bill that expands the types of commercial insurance exempt from the rate filing and approval process.

While insurers and non-insurers cite consolidation and strengthening competitive position as the reason for mergers and acquisitions, insurers say they are more successful in carrying out this objective, according to a survey from Towers Watson.

More earthquakes have struck Christchurch, New Zealand, and catastrophe-risk modeler EQECAT says the damage could cause an additional $3 billion to $5 billion in insured losses.

The Travelers Cos. says it expects after-tax catastrophe losses of about $1 billion from numerous weather events in April and May, coming in with the largest of four recent loss estimates for spring U.S. storms that spawned numerous deadly tornadoes.

When David H. Long first sat down at his desk at Liberty Mutual to work as a financial analyst, he thought it was a good job to keep him busy for a few years before heading to graduate school.

Mississippi joins Florida and Hawaii in signing the Nonadmitted Insurance Multistate Agreement to implement the Nonadmitted and Reinsurance Reform Act of 2010—a surplus-lines-related component of the Dodd-Frank financial-services reform bill.