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Insurance groups again made their case during a New York legislative hearing for reforms to the state's no-fault system, which the groups say is riddled with fraud and costs citizens hundreds of millions of dollars a year.

Despite support from Florida's regulator, CFO, major insurance groups and even some consumer groups, the bills to curb PIP fraud have run into a massive roadblock.

Despite support from Florida's regulator, CFO, major insurance groups and even some consumer groups, the bills to curb PIP fraud have run into a massive roadblock.

The March 11 Japan earthquake and tsunami has significantly impacted the country’s automotive industry, and the ripple effects are being felt in the automotive-insurance and collision-repair industries as replacement parts become scarce, a new report says.

Insurance companies are already handling thousands of claims in North Carolina after hundreds of tornadoes touched down from Oklahoma to the East Coast.

Will carriers seek to grow profitability by buying up books of business or small companies as a whole and reducing their infrastructure?