Regulation/Legislation

There is a new property insurance bill in the works in Florida--one that insurers hope will gain the support of new Gov. Rick Scott.

While mergers and acquisitions activity has been more talk than action for the Bermuda market lately, A.M. Best said conditions are ripe for business to pick up in this area.

Households are reducing their financial obligations, which mean one thing to the insurance industry: impeded growth.

In an effort to streamline the filing process for insurers and do a better job of distributing its resources, the New York State Insurance Department has started to implement a "modernization initiative."

The insurance industry is lauding the new trade pact reached Friday between the U.S. and South Korean governments.

As employment practices liability lawsuits fueled by the recessionary job cuts move forward, experts see mixed signals for claims severity, including a possible fourfold spike in the level of emotional distress awards in successful cases.