Massachusetts joined the growing number of states to pass a texting while driving ban after Governor Deval Patrick signed a bill into law late last week.

The property and casualty insurance industry had more than $19 billion of reserve redundancy at the end of 2009--a majority of which will be released this year and the next, according to Morgan Stanley.

A report that Florida's catastrophe funds have over $2 trillion in loss exposure will be clarified in the future, according to officials from the state's insurance department.

The House has passed legislation that allows recovery of noneconomic damages for maritime death victims' families, starting with the 11 workers that died in British Petroleum's current oil rig disaster.

Premium rates in June remained soft, but continued to show some signs of easing off the worst of the declines with decreases in the low single digits, according to MarketScout.

QBE Insurance Group Ltd. has appointed Robert D. Byler as president and head of Program Business for its Americas Division based in New York.

Citizens Property Insurance Corp. says someone fraudulently changed its address through the U.S. Postal Service.

The House has passed legislation that allows recovery of noneconomic damages for maritime death victims' families, starting with the 11 workers that died in British Petroleum's current oil rig disaster.