News

Wildfires in the Santa Barbara region of California have claimed a total of 77 homes putting home loss value at around $38.5 million according to figures supplied by a catastrophe risk modeling firm.

With flu insurance developing as a news topic, a Virginia-based insurer is reminding that it has offered the coverage for several years.

Marsh & McLennan Companies Inc. will pay the state of Connecticut $2.4 million to settle allegations of bid-rigging, price-fixing and illegally steering business to insurers .

Florida Gov. Charlie Crist has vowed to sign legislation that could raise home coverage rates up to 10 percent for more than one million policyholders with the state-created Citizens Insurance Corp.

The assessment was made in light of the New York-based insurer's calculation that the government would continue with its current financial commitments and that it would be able to dispose of non-core

Vertafore, a provider of market-leading software and services to the insurance industry, has announced the availability of Producer Plus 1.5, an upgrade to the existing software program that enables