Following the heavy catastrophe year of 2011, it is not surprising that the levels of second-quarter catastrophe losses taken by insurers look to be much less despite what has been called the third-costliest spring thunderstorm season in U.S. history.

Fitch Ratings says net losses to private crop insurers will likely be an earnings event rather than a capital event.

Fitch Ratings says net losses to private crop insurers will likely be an earnings event rather than a capital event.

Floridas last-resort insurer unveiled a plan to raise homeowners insurance rates by an average of 7.5 percentfar below actuarially sound rates in many territories.

A former deputy insurance commissioner in Louisiana has pleaded guilty to two bribery schemesone with an insurance agent and another with a venture capitalist affiliated with the insurance agent.

A former deputy insurance commissioner in Louisiana has pleaded guilty to two bribery schemesone with an insurance agent and another with a venture capitalist affiliated with the insurance agent.

Allstate says it is ensuring the protection of all of its customers by dropping insurance for about 10,000 customers in South Carolina.

Allstate says it is ensuring the protection of all of its customers by dropping insurance for about 10,000 customers in South Carolina.