Citizens Property Insurance Corp.'s board of governors approved a $3.1 billion risk transfer program for the 2014 hurricane season that, it said, capitalizes on favorable market conditions to increase reinsurance coverage at a lower price.

A Michigan appellate court decision affirming a jurys conviction of Audrey Devonne Pruitt on charges of arson of a dwelling home, burning of insured property, and insurance fraud, illustrates how fire investigators, insurance companies and prosecutors put an arson case together.

What is the meaning of rain? An Iowa appellate court had to answer that question in an insurance-coverage dispute between Amish Connection, Inc., and its insurance carrier, State Farm Fire & Casualty Company.

The U.S. Court of Appeals for the Eighth Circuit determined claims brought by four siblings that their former financial advisor had misrepresented investments amounted to a single claim under the advisors professional liability insurance policy.

An insurance policys criminal acts exclusion barred coverage of costs the insured would have to incur to clean-up a house contaminated by the tenants manufacturing of methamphetamine, a Kentucky appeals court has decided.

Is a newly purchased car an additional auto or a replacement vehicle if the insured fails to sell her current car? Can an insurer deny coverage for snow damage under a water, ice exclusion? This and more in the FC&S mailbag.

Is a newly purchased car an additional auto or a replacement vehicle if the insured fails to sell her current car? Can an insurer deny coverage for snow damage under a water, ice exclusion? This and more in the FC&S mailbag.

When an insured is sued and the insureds carrier provides a defense, subject to a reservation of rights, the insurer may begin a declaratory judgment action seeking a coverage determination. If you ever have wondered what that is about, a decision by a federal district court in Illinois is quite...