Legislation aimed at reducing Florida homeowners' exposure to increased assessments to support the state's Hurricane Catastrophe Fund in the event of a major storm won unanimous approval in the Senate
In a report titled "Fitch Comments on Florida Homeowners Insurance Market," the agency said that from a ratings perspective the market for homeowners coverage in Florida could effectively "collapse" i
Property-casualty groups have voiced strong opposition to legislation introduced in the U.S. House of Representatives to limit the use of credit information by insurers in underwriting and
"Insurance companies are increasingly and alarmingly using credit information contained in credit reports to determine whether and at what price to offer personal lines of property and casualty insura
"Insurance companies are increasingly and alarmingly using credit information contained in credit reports to determine whether and at what price to offer personal lines of property and casualty insura
A committee of the Florida Legislature today heard testimony that a major weather event could mean severe difficulties for the state's Hurricane Catastrophe Fund, which support's the state insura
Policyholders placed by their insurance agents with Citizens, Florida's state-run insurer of last resort, can't be left in the dark if there is a private insurer willing to give them homeowners covera
"For the first time in many months, we're seeing what could be real progress in Geneva," in terms of negotiations within the World Trade Organization on liberalization of insurance regulations, said
Members of the National Conference of Insurance Legislators were unable to bring a resolution supporting a natural catastrophe backstop system to a vote last week but will continue to debate the
Support for an optional federal charter for insurance carriers and producers is building on Capitol Hill and within the Bush administration, according to one of the bill's House sponsors, Rep. Ed