Policyholders suing American International Group (AIG) over allegedly excessive workers' compensation rates can continue to do so, the Supreme Court of South Carolina has ruled.

Louisiana insurers that choose to remove policies from the state's last-resort insurer will now have their pick of policies rather than having to take them in a bundle, according to recent legislation.

Specialty insurer RLI Corp. reported second-quarter net income of nearly $40 million this year, a 2.7 percent increase compared to the same period last year.

A new report by Advisen Ltd. shows the 2010 second quarter saw a 30 percent jump in securities lawsuit filings compared to the first quarter.

Florida's last-resort insurer is looking to ask regulators for an average statewide rate increase of 10.4 percent for personal residential multiperil and wind-only policies combined in 2011.

Though they still pay less than the national average, Ohioans paid more for homeowners and automobile insurance in 2009, and the trend is expected to continue, according to the Ohio Department of Insurance.

No matter how you look at it, sellers appear to be locked into a persistently soft commercial lines insurance market, and it's likely to remain that way for quite some time.

The vast majority of commercial insurance buyers are still taking a pass on the coverage even though rates have fallen to historically low levels for all but the most problematic accounts, players in the field complain.