State Farm must pay $120 million to some 98,000 policyholders after failing to give them a required discount for storm-proofing their homes, Florida Insurance Commissioner Kevin McCarty announced

Businessowners policies for small accounts declined the most at 14 percent, as compared to an average 10 percent decline for all other types of small accounts--those under $25,000 in premium, Richard

The new product offers low-mileage drivers a way to reduce their auto premiums by lowering the technology barriers impeding the introduction of "PAYD"--or "pay as you drive"--in world auto insurance

The debate over whether to keep reforming the current state regulatory system or modify it with more federal involvement heats up next week, as the heads of the National Association of Insurance

While catastrophe modelers say Tropical Storm Hanna should not be a "significant" loss event for property insurers, claims from the earlier Hurricane Gustav continue to pile up as the industry braces

Consumer group admits some regulators guilty of 'abuse' in suppressing rate

Reinsurance prices should remain stable or even continue to fall next year--that is, unless another major catastrophe or the subprime mortgage crisis drains too much capital from the market, according

Seven years after 9/11, the threat of a terrorist attack remains a real possibility as Jihadist movements regroup, expand and continue to plan new ways of destroying high-profile Western targets,