As the Florida OIR gets swamped with PIP coverage rate filings, the state's insurance commissioner says it appears savings will result from a mitigation of rate increases rather than actual rate reductions for most companies.

The E&S market may be seeing some positive rate movement, but a lack of supply or capacity isnt the reason, says Lexington Insurance Co. President David Bresnahan.

A U.S. appeals court has rejected one major insurers direct loss defense and ruled that a national retailer is entitled to recover nearly $7 million for a computer-hacking claim.

As the world becomes increasingly precarious, new risks have either not been addressed or have been excluded by the industry, says insurance industry legend Patrick G. Ryan.

I dont remember much about Thanksgiving 1993, and the reason why has insurers seeking to get as far away as possible from lawsuits brought by athletes of all levels.

I dont remember much about Thanksgiving 1993, and the reason why has insurers seeking to get as far away as possible from lawsuits brought by athletes of all levels.

A U.S. appeals court has rejected an insurers direct loss defense and ruled that a national retailer is entitled to recover nearly $7 million for a computer hacking claim.

Two Florida companies have been approved to remove an additional 60,000 policies from the states residual insurer, according to the Office of Insurance Regulation.