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Florida Chief Financial Officer Alex Sink urged insurers at an industry conference to consider entering Florida's huge home insurance market.

ACE Limited reported third-quarter net income of $494 million, an 815 percent increase over 2008 third-quarter net income of $54 million.

Insurance rates for the third quarter continued their overall decline at a slightly steeper rate than the previous quarter, according to a survey of insurance brokers.

One U.K. insurer finds that lit pumpkins, when left unattended, pose real fire hazards. Swinton's study alludes not only to property damage, but also fatalities.

Compromise legislation proposed by the Obama administration and Rep. Barney Frank, D-Mass., would give federal banking regulators broad authority to regulate large, troubled insurers as well as resolve them, as necessary.

Arthur J. Gallagher management said despite a challenging economic environment, third-quarter net income increased 10 percent primarily on the strength of expense controls.

RenaissanceRe Holdings Ltd. management said higher investment income and less catastrophe losses improved third-quarter net income to $258.6 million, reversing last year's loss for the period of $231 million.