News

Maine's Bureau of Insurance says it recovered nearly $3.5 million from insurance companies in 2010 for Maine individuals and businesses.

Our interview with a Bermuda executive tackles market changes and catastrophe models, and more trouble is brewing with Texas' TWIA.

State Farm said it posted an underwriting loss in its auto insurance business of $2.8 billion in 2010, but improvement in the property and casualty segment overall drove a 200 percent increase in net income for the year.

National Underwriter is seeking entries for its fifth annual “Award For Excellence In Workers’ Compensation Risk Management,” sponsored by the National Council on Compensation Insurance.

The Texas Department of Insurance said that allowing the Texas Windstorm Insurance Association to continue operating would be hazardous to the public and the last resort insurer’s policyholders.

A House hearing has been scheduled for March 9 on the status of the National Flood Insurance Program amid signs that legislation reauthorizing the program that passed the House last year will soon be re-introduced—albeit with some changes sought by the industry.