In a down economy and relatively soft insurance market, independent agencies have had a hard time holding their own.

The Florida medical malpractice market is continuing a recovery that began when the state's legislature enacted reforms in 2003, a recent report by the Florida Office of Insurance Regulation states.

The NAIC is preparing to vote on a proposal that would end regulators' exclusive reliance on rating agencies for determining risks associated with insurers' residential mortgage backed securities investments.

Lloyd's Underwriters do not have to pay Safeco Insurance Company more than $1 million in defense costs in connection with a professional liability policy.

The Association of Insurance and Reinsurance Run-Off Companies has launched an arbitration procedure designed to expedite small and "less-complicated" claims between insurers and reinsurers.

American International Group President and CEO Robert Benmosche will receive an annual salary that could reach up to $10.5 million, according to a proposal submitted by AIG and approved by TARP's Kenneth Feinberg.

Nationwide Insurance Company is proposing the creation of a government backstop for insurers willing to offer a homeowners policy for both wind and flood coverage.

Insurance regulators are proposing their own draft measure to Congress modernizing state oversight of reinsurance.