Florida homeowners insurer Argus Fire and Casualty Insurance Co. has been ordered to stop doing business in the state.

Two industry-supported bills that would provide federal financial incentives to strengthen homes against major storms were introduced in the House this week.

Allstate says it has the bases covered in its insurance distribution channel and is planning to revamp its business strategy to grow its property and casualty business for the future.

The airline insurance sector continues to be competitive as overall rates show a modest decline, and claims for the first half of the year have been impressively small for this period compared to the average, says a report from Aon.

QBE says it has completed its acquisition of Balboa Insurance from Bank of America.

QBE says it has completed its acquisition of Balboa Insurance from Bank of America.

Reacting to the ticking clock and pressure from multiple industries, the Senate Banking Committee will take the first step toward reauthorizing the National Flood Insurance Program when it holds a hearing on the issue on June 9.

Reacting to the ticking clock and pressure from multiple industries, the Senate Banking Committee will take the first step toward reauthorizing the National Flood Insurance Program when it holds a hearing on the issue on June 9.