The results of a Florida personal injury protection insurer data call confirms statements made by the industry in recent years: despite no increase in new drivers and no increase in the frequency of crashes, PIP claims increased 28 percent from 2006 to 2010.

Insurance regulatory bills being mulled by the North Carolina General Assembly are “all about corporate greed,” says Insurance Commissioner Wayne Goodwin.

Florida’s insurance agents are among those within the industry looking to lawmakers to reform the insurance market in the Sunshine State during this year’s legislative session.

The Tohoku earthquake in Japan was a seismological “black swan”—an event beyond the realm of regular expectations, according to catastrophe-risk modelers.

A jury in New York found that Toyota is not responsible for a 2005 crash in the first trial related to the car manufacturer’s recall of eight million vehicles due to unintended acceleration.

Following months of rates stuck firmly in a soft market mud, MarketScout reports the overall composite rate for U.S. property and casualty commercial insurance policies measured minus-4 percent in March after four consecutive months of minus-5 percent.

Insurers have begun to size up the extent of damage left in the wake of dozens of tornadoes that struck several Central Plains states over the weekend.

Insurers have begun to size up the extent of damage left in the wake of dozens of tornadoes that struck several Central Plains states over the weekend.