In Florida, three major insurance bills are awaiting action in the final four days of the 2012 legislative session, including one that is a priority of Gov. Rick Scott.
In Florida, three major insurance bills are awaiting action in the final four days of the 2012 legislative session, including one that is a priority of Gov. Rick Scott.
A state-created insurance company has built a competitive advantage by enjoying a best-of-both-worlds scenario avoiding federal income taxes by claiming to be a public corporation yet generally operating as a private entity and shelling out big bucks for executive perks, according to a report Monday by the Missouri auditor.
Louisiana's property insurer of last resort is offering nearly $103 million to settle disputes over its handling of claims after hurricanes Katrina and Rita more than six years ago.
Louisiana's property insurer of last resort is offering nearly $103 million to settle disputes over its handling of claims after hurricanes Katrina and Rita more than six years ago.
Hartford, Conn. is trying to recapture its status as the nation's insurance capital by drawing in a specialized insurance business that is finding a home elsewhere.
Hartford, Conn. is trying to recapture its status as the nation's insurance capital by drawing in a specialized insurance business that is finding a home elsewhere.
Citigroup has agreed to pay $158.3 million to settle claims that its mortgage unit duped the U.S. government into insuring risky mortgage loans for over six years.
A judge Monday stopped attorneys trying to seize bank accounts of Louisiana's property insurer of last resort to collect more than $100 million they won for homeowners who claimed the company dragged its heels in adjusting hurricane claims in 2005.