In an action that has been stayed pending a legal appeal, Florida Insurance Commissioner Kevin McCarty suspended the company's ability to write new business in the state until the material he
Allstate's release of 150,000 pages of a consultant's controversial report on claims handling does not satisfy Florida insurance regulators who said the company is still fighting to keep reams of docu
Florida Insurance Commissioner Kevin McCarty had issued the suspension in the midst of a battle with the insurer to secure information about the process it used to determine it needed a large rate inc
Witnesses at a hearing on proposed Department of Labor regulations designed to enhance the transparency of employee benefit plans said the new rules do not fit with the reality of broker compensation
Despite the efforts of state lawmakers, analysts at Fitch warn that the Florida homeowners insurance market could effectively "collapse" if a major storm were to hit the state this year, and that the
In a case of politics making strange bedfellows, opposition to legislation expanding the National Flood Insurance Program to include wind coverage has brought insurer watchdog J. Robert Hunter of the
Earlier this month, specialty insurers Argo Group International Holdings Ltd. and Philadelphia Consolidated Holding Corp. separately announced deals to acquire program managers, with Argo tagging a
Program administrators are continuing to attract strategic buyers eyeing the financial benefits of adding niche businesses and focused coverage specialists to their operations in a soft cycle--but the
The research found that the number of insolvencies has declined steadily among insurance companies in recent years, and property and casualty insurers are making up a smaller percentage of those failu
WASHINGTON--In a case of politics making strange bedfellows, J. Robert Hunter of the Consumer Federation of America and the Reinsurance Association of America have joined to oppose legislation expandin