Before a federal judge threw a monkey wrench into the process, some insurance groups expressed hope that the proposed State Farm class-action agreement to settle water-related Hurricane Katrina

Richard Bouhan, executive director of the National Association of Professional Surplus Lines Offices, wrote Congress members that "NAPSLO stands ready to do whatever is necessary to pass that legislat

More California workers are returning to work after being injured on the job, due in part to the state's reforms to the workers' compensation system, according to the California Division of Workers' C

WASHINGTON--Treasury Secretary Henry Paulson's remarks yesterday that the Bush administration will consider the optional federal charter concepts for insurers were hailed by industry proponents of the

Echoing the criticism of their counterparts in the primary market, the Reinsurance Association of America is voicing concerns Florida's new property insurance law will eventually be costly to taxpayer

"We have heard the calls for help from Floridians suffering from high insurance rates," Gov. Crist said. "With this legislation, the powerless have become the powerful, and the credit goes to the peop

"This settlement is a forward moving event that's in the best interests of State Farm's policyholders and rebuilding the Gulf," said Nancy Grover, a spokesperson for the National Association of Mutual

Florida legislation approved over the weekend to cut property insurance costs could mean policyholders and taxpayers will bear a financial burden if a major hurricane hits this year, according to indu