Personal Lines

A Georgia-based insurance broker tells the FHFA that its proposal to end inappropriate force-placed commissions and reinsurance arrangements does not go far enough. Meanwhile, lawsuits over perceived unfair premiums continue in several states, notably Florida.

A Georgia-based insurance broker tells the FHFA that its proposal to end inappropriate force-placed commissions and reinsurance arrangements does not go far enough. Meanwhile, lawsuits over perceived unfair premiums continue in several states, notably Florida.

Despite 10 of the 12 costliest storms for insurers occurring within the last decade, industry expertsstaring in the face of yet another predicted above-average hurricane seasonsay insurers are prepared.

Payments on property and auto insurance claims for the May 19 and 20 tornadoes that affected 16 residential counties in Oklahoma have already reached at least $85 million, reports the states insurance department.

Payments on property and auto insurance claims for the May 19 and 20 tornadoes that affected 16 residential counties in Oklahoma have already reached at least $85 million, reports the states insurance department.

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.