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Policyholders of Citizens Insurance Corp., the underreserved state-sponsored insurer of last resort, could see their rates rise by up to 5 percent under legislation passed yesterday by the Florida Senate.

Zurich-based ACE Limited management said a decrease in investment losses boosted first-quarter net income to $567 million, up 50 percent over the comparable period last year.

California's insurance commissioner followed a hearing on a request by workers' compensation insurers for a 23.7 rate increase yesterday by announcing he will hold another session on June 8 to question carrier medical costs.

A twosome heading a Sherman Oaks, California janitorial service faces a litany of charges for an elaborate workers' compensation premium fraud scheme that amounted to millions.

XL Capital reported first-quarter net income of $3.1 million, with favorable prior-year development contributing to the upside and investment losses continuing to drag the figure to a minimal level.

The first thing readers may notice about our revamped web site is the clean, streamlined look. However, the site also boasts added functionality to make information more readily accessible and a host of other features.

Validus Holdings, in its continuing fight with Max Capital over who will acquire IPC Re, has filed a lawsuit that challenges aspects of the arrangement Max has made with IPC.

As the United States recorded its first swine flu death, insurance brokerages were offering recommendations on moves businesses and other organizations should make, and one firm said actions now are "critical" to deal with the epidemic.