Florida Governor Charlie Crist yesterday signed into law a measure that could raise homeowners insurance rates up to 10 percent for policyholders with the state-created Citizens Insurance Corp.

Florida Gov. Charlie Crist yesterday indicated he may veto the "Consumer Choice" bill that would eliminate rate restrictions on some home insurance.

Rates in the transportation insurance segment continued to level off through the 2009 first quarter, even as the number of new entrants increased, according to a new survey.

A Florida bill that would allow some insurers to charge rates above those approved by the Office of Insurance Regulation provided they meet certain capital requirements has drawn the ire of consumer groups.

Insurance agencies seeking to upgrade their technology systems should not only consider the needs of clients and insurance carrier partners, but must also collaborate with their producers and support staff to assure a smooth, successful transition.

The U.S. Supreme Court's decision earlier this month, that a company must show intent to dispose of chemicals to be liable as an "arranger" under the "Superfund Law," could benefit corporations caught up in potential liabilities under that statute.

Companies are cutting back on sending individuals overseas for business, which is affecting the international market.

Regulators around the globe are toughening up insurance requirements for companies doing business outside their domiciled countries, and the companies worldwide are demonstrating a greater willingness to focus on regulatory compliance.