Regulation/Legislation

Florida's Citizens Property Insurance announced it is settling more than 300 sinkhole-related lawsuits by providing managed repairs, according to FOX 13 Tampa Bay.

Four of five U.S. companies have raised deductibles or are considering doing so as health costs increase, according to a survey of more than 700 employers.

Industry representatives made their case to a Senate committee that "bank-centric" rules should not apply to federally regulated insurers, but others warned against providing a "wholesale carve-out" for insurers that could lead to systemically risky behavior.

Industry representatives made their case to a Senate committee that "bank-centric" rules should not apply to federally regulated insurers, but others warned against providing a "wholesale carve-out" for insurers that could lead to systemically risky behavior.

No one can deny the appeal of living near Floridas fabulous beaches and coastal areas. Unfortunately, these also are the areas most likely to be hit hardest by storms, hurricanes, and rising sea levels. Should all taxpayers continue to be required to subsidize the flood, wind, and disaster insurance for...

AIG President and CEO Robert Benmosche says the company's board must work hard on finding his successor, as that person will be taking over what is still a "very large, complex company.