News

As Congress prepares for 2011 discussions on an optional federal charter, a new association representing small-to-midsize insurers will focus primarily on opposing any federal regulation of the industry.

A woman in New York has signed her way into criminal charges and some jail time after getting mixed up with forgery and fraud.

Despite reinsurance costs remaining at "relatively high" rates, Florida domestic insurer Homeowners Choice Inc. said it recorded 2010 second-quarter net income of $1.3 million, compared to $3 million a year ago.

A series of recent losses for the airline industry may mean the aviation insurance line will be hard pressed to see a profit in 2010 should the loss trajectory continue, according to a report from Aon Corp

Warwick, R.I.-based insurer The Beacon Mutual Insurance Company has joined the Independent Insurance Agents & Brokers of America's independent agent branding campaign, Trusted Choice, becoming the 54th company member.

A tropical storm warning is in effect for the Gulf Coast from Destin, Fla., to Intracoastal City, La. -- an area that includes Lake Pontchartrain and New Orleans, according to the National Hurricane Center.