Homeowners insurance controversies have made headlines in Florida, Mississippi and New York of late, as insurers and regulators struggle to maintain a viable catastrophe coverage market, and in some cases butt heads over rates and exposure.

U.S. property and casualty insurers--especially those in the personal lines market--operate in a tough environment.

American International Group has struck a deal in principle with federal officials "designed to repay all its obligations to American taxpayers"

Moody's Investors Service affirmed American International Group's (AIG) A3 long-term issuer rating and negative outlook, reflecting the rating agency's concerns about the possible end of government support for the insurer.

To keep uninsured drivers off the road at a time when premiums are unaffordable to some, California Governor Arnold Schwarzenegger this week signed into law the California Low Cost Automobile Insurance Program (CLCA) for low income, good drivers.

A Modesto motel owner may be in for an extended stay in jail after allegedly committing workers' comp insurance fraud.

Independent agents are tired of losing personal lines market share to direct writers and they will be fighting back in 2011, said the new chairman of the Independent Insurance Agents & Brokers of America (IIABA).

Flagstone Reinsurance Holdings, S.A. said its preliminary estimate of its exposure to last month's 7.1 magnitude earthquake in New Zealand is $52.5 million net of reinstatement premiums and retrocession.