Although Florida’s property insurance bill SB 408 became law May 17 upon the signature of Gov. Rick Scott, not all the provisions became effective that day.

State Farm’s claims payments through May eclipsed $2.5 billion as payments to policyholders affected by April’s harsh weather approaches $1 billion.

Two diamond dealers were sent to prison Friday for more than a year for staging an elaborate heist in hopes of snaring insurance money to save their failing business

While many of the Joplin, Mo. tornado survivors had insurance, it could be months, if not years, before they can rebuild. FEMA said Monday it will consider bringing in trailers, as it did for New Orleans after Hurricane Katrina, if enough homes are not available.

While many of the Joplin, Mo. tornado survivors had insurance, it could be months, if not years, before they can rebuild. FEMA said Monday it will consider bringing in trailers, as it did for New Orleans after Hurricane Katrina, if enough homes are not available.

Vertafore, a provider of software and information to the insurance industry, announced an upgrade to the company’s AIM management system for managing general agents (MGAs) and wholesale brokers.

Private equity firm Thomas H. Lee Partners, L.P. (THL) and French-owned Sword Group announced they have signed an agreement under which THL will acquire Sword Insurance, a provider of software and services to the property/casualty insurance industry, from Sword Group.

There are probably no farms in Brooklyn, N.Y., and it is unlikely a Jaguar is being used to haul animal feed.