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Before making landfall, the storm weakened significantly, largely sparing the bigger inland population centers.

Florida Citizens officials are concerned that recently approved rate cuts may make the state-run insurer more competitive with private insurers, conflicting with goals of moving as many customers as possible out of the state's insurer of last resort.

Allowing scheduled National Flood Insurance Program rate increases to move forward would be a critical first step toward attracting private insurers to the flood-insurance market, says the Government Accountability Office.

Allowing scheduled National Flood Insurance Program rate increases to move forward would be a critical first step toward attracting private insurers to the flood-insurance market, says the Government Accountability Office.

New Yorks workers compensation system would undergo a sweeping overhaul under a blueprint outlined in Gov. Andrew Cuomos proposed budget.

New Yorks workers compensation system would undergo a sweeping overhaul under a blueprint outlined in Gov. Andrew Cuomos proposed budget.

The first-half results for property and casualty insurers are in, and the numbers are not very pretty, as the industry reported more than a 71 percent drop in net income.

The private insurance market is likely not heavily exposed to damage at nuclear reactors in Japan resulting from the 9.0 magnitude earthquake and subsequent tsunami.