News

Enactment of the new health care reform law has already spawned fraud schemes by which individuals are seeking to sell bogus policies through 1-800 numbers and by going door-to-door, federal regulators are warning.

Proposed cuts in the subsidies provided crop insurers by the U.S. Department of Agriculture could lead some reinsurers that support the program to withdraw or scale back their capacity, according to an insurance brokerage.

Mutual Service Office Inc. announced it has partnered with Paul Davis Restoration Inc. cleanup services to provide emergency services mitigation and reconstruction.

Congress' failure to reauthorize the National Flood Insurance Program is hurting real estate markets and consumers and may cost taxpayers billions, trade groups have warned federal lawmakers.

PERILS AG, the European insurance industry database combine, said its initial estimate of the property insurance loss for Windstorm Xynthia is EUR1.28 billion ($1.74 billion).

The U.S. Supreme Court has opened the door for plaintiffs to file more class-action lawsuits in a case involving Allstate Insurance Company, ruling that some litigation barred by state law can be brought in federal courts.