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Florida Gov. Rick Scott has signed a bill meant to continue the Sunshine States mission to return Citizens Property Insurance Corp. to its rightful place as the last-resort property insurer.

Florida Gov. Rick Scott has signed a bill meant to continue the Sunshine States mission to return Citizens Property Insurance Corp. to its rightful place as the last-resort property insurer.

An excess of capacity, new competition among carriers and increased measures against cargo theft characterize the landscape of the Inland Marine segment, the vast and varied coverage area that encompasses any type of shipment that does not travel over an ocean, including fine art and jewelry.

Four mortgage insurers agreed to pay about $15 million to settle claims they paid kickbacks to mortgage lenders in exchange for business.

New York State governor Andrew Cuomo has named 10 banks, including Capital One Financial Corp and SunTrust Banks Inc, that he says are sitting on $41 million in insurance money owed to victims of Superstorm Sandy, which hit the northeastern United States last year.

New York State governor Andrew Cuomo has named 10 banks, including Capital One Financial Corp and SunTrust Banks Inc, that he says are sitting on $41 million in insurance money owed to victims of Superstorm Sandy, which hit the northeastern United States last year.

U.S. lawmakers on Thursday pressed a new financial risk council to release more details about closed-door meetings, saying the public needs to know more about what regulators are doing to prevent the next financial crisis.

U.S. lawmakers on Thursday pressed a new financial risk council to release more details about closed-door meetings, saying the public needs to know more about what regulators are doing to prevent the next financial crisis.