Almost $59 million in state tax rebate money related to Louisiana's property insurer of last resort went unclaimed in 2008, Insurance Commissioner Jim Donelon advised consumers.

The Florida Office of Insurance Regulation has decided that Blue Cross Blue Shield of Florida may raise its Cover Florida rates 11 percent.

The three largest insurance brokers may have won back the right to charge contingent commissions, but those fees won't reach the same earnings' levels they once did, Moody's Investor Service said.

The door is open to once again allow the nation's three biggest insurance brokerages to accept contingent commissions after an agreement was reached by the trio with New York, Illinois and Connecticut officials.

Toyota's recalls will have little impact on the ratings of auto and commercial lines insurers, according to Moody's, but a law firm said directors and officers carriers could face major exposure.

Authority to regulate health insurers at the federal level--including the power to roll back rate increases--will be included in a proposal President Obama will unveil today in a new health care reform bill.

A survey of independent property and casualty insurance agents reports that they find the technology carriers offer them has problems with ease of use and real-time integration.

Forrester Research Senior Analyst Ellen Carney recently authored a report that listed what she called the hottest insurance technology companies for 2010.