Organized 12 years ago with $700 million from participating home insurers, based on their share of the market, the tax-free fund now has $2.65 billion in immediate capital on hand. Under current law,

The official in charge of the private entity which manages New York's insolvent insurers said the operation will slash costs by dropping two third-party administrators and performing their work in-hou

Allstate has agreed not to drop New York coastal home policyholders who don't also buy life insurance or auto coverage from the company, New York's insurance superintendent announced 12 days after cit

Florida Insurance Commissioner Kevin McCarty announced today that he has denied property insurance rate hike requests from The Hartford Financial Services Group that ranged from nearly 30 percent to m

Roger Schmelzer, president and chief executive officer of the non-profit NCIGF that supports property and casualty insurance guaranty funds in the various states, said during an interview yesterday th

The South Carolina program providing aid to homeowners who strengthen their houses against storm damage should be mailing out grants within the next 30 days, according to a spokesperson for the State

Workers' compensation insurance prices should be determined by the free market instead of the Compensation Insurance Rating Board--the insurer association that now proposes rates--New York State

The first subpoenas were sent last month, requiring officials of the companies to appear and discuss their recently filed non-renewal plans, multi-line discounts, State Farm's decision to withdraw fro