The Florida medical malpractice market is continuing a recovery that began when the state's legislature enacted reforms in 2003, a recent report by the Florida Office of Insurance Regulation states.

A group of nine property and casualty industry trade groups today charged that legislation proposed in Congress, to end the exemption under antitrust laws for healthcare insurers, had a hidden agenda.

Strategies of insurer's investments have not changed despite the economic recession and credit crunch, mirroring other major institutional investors, according to a report from The Conference Board.

The NAIC is preparing to vote on a proposal that would end regulators' exclusive reliance on rating agencies for determining risks associated with insurers' residential mortgage backed securities investments.

With layoffs and lower sales volume decreasing demand for insurance coverage, the recession continues to deeply depress renewal rates for property and casualty insurance programs, according to the RIMS Benchmark Survey.

While warning against imposing additional laws and new federal overseers on the insurance industry, Maurice Greenberg says rating agencies need government supervision, while credit default swaps should be regulated as insurance.

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Lloyd's Underwriters do not have to pay Safeco Insurance Company more than $1 million in defense costs in connection with a professional liability policy.