News

In an action that has been stayed pending a legal appeal, Florida Insurance Commissioner Kevin McCarty suspended the company's ability to write new business in the state until the material he

The industry's net income for fourth-quarter 2007 consisted of $16 billion in pretax operating income and $0.8 billion in realized capital gains on investments, less $4.3 billion in federal and foreig

Allstate's release of 150,000 pages of a consultant's controversial report on claims handling does not satisfy Florida insurance regulators who said the company is still fighting to keep reams of docu

Standard & Poor's said its latest models now incorporate lending vehicles that the rating agency never saw before, which led to increased risk exposures by mortgage insurers and the current credit cri

The Mayfield Village, Ohio-based insurer said net income for the month of March dropped 46 percent, or $60 million, to $71 million over the comparative period. Earnings per share were off 7 cents to 1

DALLAS--U.S. underwriters can save money and avoid some litigation problems by committing to the concept of contract certainty, as insurers in the United Kingdom have done, an industry professional adv