The recent passage of legislation reforming Floridas personal injury protection auto-insurance system should help combat rising claims costs and insurance rates in the state, and is credit-positive for insurers, according to Moodys Investors Service.

The recent passage of legislation reforming Floridas personal injury protection auto-insurance system should help combat rising claims costs and insurance rates in the state, and is credit-positive for insurers, according to Moodys Investors Service.

The first three months of the calendar year are generally a very quiet time for tornado outbreaks. So far, 2012 has been an exception: there have been 272 confirmed tornadoes this year, according to Standard & Poor's.

Insurance companies and agents joined together Thursday in asking Congress to do no harm to the existing crop-insurance-subsidy program, citing concerns with Obama-administration proposals that call for further cuts.

Insurance companies and agents joined together Thursday in asking Congress to do no harm to the existing crop-insurance-subsidy program, citing concerns with Obama-administration proposals that call for further cuts.

Just as every prior attempt to fix Floridas broken system has failed, the language of this latest iteration lacks a true solution. The author of "Blocking & Tackling" elaborates.

Just as every prior attempt to fix Floridas broken system has failed, the language of this latest iteration lacks a true solution. The author of "Blocking & Tackling" elaborates.

Shareholders approved, by an overwhelming majority, insurance broker Aons plan to move its company headquarters from Chicago to London.