Florida Office of Insurance Regulation spokesman Bob Lotane said State Farm filed for a 58.5 percent increase to cover the cost of reinsurance and a 12.7 percent increase to cover additional costs. Th

Insurance industry mergers and acquisitions increased in 2005 to the highest level since 2001, and may foreshadow an acceleration of activity this year and the next, according to a new study by Connin

The relatively mature French p-c market has seen new entrants such as bancassurers and direct insurers keeping prices wobbly. The increasing competition is "most evident in motor, the largest business

A total of 699 Gulf Coast homeowners filed suit in federal district court last week claiming that State Farm denied many Hurricane Katrina claims without truly investigating whether home damage was

Following a breakdown in settlement negotiations, New York Attorney General Eliot Spitzer filed a civil lawsuit against Liberty Mutual, alleging that the carrier participated in a pervasive

With auto insurers struggling to achieve top-line growth as pricing remains flat, no factor is more critical for healthy underlying margins than keeping loss costs favorable. Indeed, divining such

Allstate Floridian said Friday it has reached an agreement with Royal Palm Insurance Company, a new property insurer in the state, to offer Allstate Floridian and other customers property insurance co

Allstate Floridian said Friday it has reached an agreement with Royal Palm Insurance Company, a new property insurer in the state, to offer Allstate Floridian and other customers property insurance co