The head of Florida Citizens Property Insurance Corp. says the state-run insurer is well on its way to becoming the true market of last resort for the Sunshine State.

The head of Florida Citizens Property Insurance Corp. says the state-run insurer is well on its way to becoming the true market of last resort for the Sunshine State.

The Federal Emergency Management Agency says it will not give West, Texas additional funds requested by the state's governor.

The Federal Emergency Management Agency says it will not give West, Texas additional funds requested by the state's governor.

Insurance payments on May claims related to severe tornadoes in Oklahoma have eclipsed $470 million, and Insurance Commissioner John D. Doak this is just the beginning.

Warren Buffetts Berkshire Hathaway is in the commercial market for the long haul, despite new capital potentially dampening the momentum of rate increases.

The industry is certainly aware of, and gaining knowledge about, supply chainsbut products aren't keeping up with the risks. And no one's buying.

The industry is certainly aware of, and gaining knowledge about, supply chainsbut products aren't keeping up with the risks. And no one's buying.