News

Connecticut Attorney General Richard Blumenthal has asked the U.S. attorney general to look into the practice of insurers directing policyholders to preferred repair shops to fix their car after an accident.

Florida's CFO said officials have saved more than 100 jobs and protected 15,000 policyholders insured by two insolvent insures by transitioning those risks to another insurer.

Prices for insurance coverage for defense contractors varies widely, influenced by several key factors--especially what part of the world the risk is in.

Zurich Financial Services Group is calling upon the insurance industry to use its resources and risk management expertise to respond to the challenges presented by climate change.

The New York State Insurance Department has added coverages to its excess and surplus lines "export list"-- coverages an excess lines broker can place with a non-admitted carrier without first getting three declinations from New York licensed carriers.

State-run property insurers of last resort in some hurricane-exposed states "are on shaky ground" financially, the Insurance Information Institute warns.