A proposed State Farm class-action settlement for Mississippi homeowners with Hurricane Katrina claims has been rejected by a federal judge, who said the cases were too different to be lumped

Reinsurers may deny claims if carriers cave in to political pressure, attorney

Insurance industry trade groups had a mixed reaction to legislation introduced last week in the House of Representatives to reform the National Flood Insurance Program, warning the bill could

Let free market do its job, rather than undermine private sector, carriers

Pyxis Mobile, a provider of wireless software for the financial services industry, announced the availability of mAdvisor for Insurance, a real-time tool that provides instant access to the client

WASHINGTON--Legislation creating catastrophic savings accounts, which would be comparable to Health Savings Accounts and would allow homeowners to put money aside tax-free to prepare for the financial

The bill, which calls for additional disclosure language on home policies and Federal Trade Commission oversight, was instantly condemned by the Property Casualty Insurers Association of America (PCI)

Thomas E. Hampton, D.C commissioner of Insurance, Securities and Banking, predicted in a statement: "The establishment of a regulatory scheme for securitizing insurance risks in a captive and the amen