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Under the bill, the home state regulator would also be responsible for allocating any taxes collected on the coverage to the other involved states. The legislation makes it easier for sophisticated pu

LAS VEGAS--While insurers rely on risk models to predict their loss exposure, models can also be used to establish reserves after the claim and examine the variables that can reduce the cost, two actua

A Louisiana federal judge who stunned carriers last year by finding that many of their policy flood damage exclusions do not hold water, appears to have seen the law differently in 2005, according to

A hurricane modeling firm--once criticized for creating a flawed storm-loss scenario that insurers used to hike coastal property rates--said a revised model has now been approved by Florida authoritie

Hiscox said it will use internal resources for the purchase and will acquire net tangible assets of $45 million. Closing is expected in July. Altoha is described as a privately held group owned by var

The bill, which now goes to the State Senate, could increase auto insurance premiums 30-to-50 percent by dramatically raising the state's minimum insurance limits, according to the Property Casualty I