Florida CFO Alex Sink urged carriers at an industry conference last week to consider entering her state's huge, hurricane-prone homeowners insurance market, pledging to work together with them to craft a less hostile regulatory environment.

American International Group was highly critical of a special master's decision to slash payments for its top employees by 91 percent for the remainder of the year.

The Society of Actuaries announced that S. Michael McLaughlin is the group's new president.

The average vehicle crash damage repair on an adjusted basis increased $164 in the third quarter, according to an electronic processing provider for the collision industry.

The Senate's vote to continue the National Flood Insurance Program for only 46 days is drawing criticism from an insurance group.

The authority of federal regulators to oversee and liquidate troubled large insurance companies should be significantly pared back in legislation Congress is considering, insurance interests are arguing.

Higginbotham & Associates insurance brokerage said it has partnered with Globex International Group to provide commercial insurance, loss control and employee benefit solutions to U.S.-based customers with multinational operations.

The cost of health care organizations' insurance premiums for workers' compensation and directors and officers liability fell in the past year, but property insurance edged upward, according to a brokerage report.