Three Allstate adjusters and two State Farm appraisers in Florida were arrested and charged with racketeering and grand theft auto for their roles in auto insurance fraud schemes.

Rates for U.S. property and casualty commercial insurance policies were down an average of 4 percent during September, with the most competitive pricing for accounts over $1 million in premium.

Delos Insurance Group's rating from A.M. Best Co. is under review with negative implications following the merger of its holding company with Southwest Insurance Partners, Inc.

Three Allstate adjusters and two State Farm appraisers in Florida were arrested and charged with racketeering and grand theft auto for their roles in auto insurance fraud schemes.

The Florida surplus lines market continues to battle many outside factors, but there are signs that at least the decline in premiums experienced over the last several years has slowed.

A shift in appetite and a stable but continuing soft market has combined to make life challenging indeed for major players in the program business segment, particularly as more competitors enter an already crowded marketplace.

Standard & Poor's Rating Services said it expects no impact on the ratings of Horace Mann Educators Corp. after its chief executive resigned after one month into his 60-day sentence for a drunk driving charge.

The fifteenth named storm of the Atlantic hurricane season remains on course away from the United States and is headed toward Portugal's Azores Islands as it became a hurricane today.