The Hartford announces improvements to its online quoting and new business system for agents, New ICON, for its Spectrum business owners policy.

U.S. property insurance rates are showing signs of softening partly due to increased capacity from Chinese insurance companies. But Chinese carriers willingness to pay claims in the face of a major loss event has yet to be tested.

A panel of the Senate Appropriations Committee has voted to effectively stop FEMA from implementing mandated NFIP rate increases for grandfathered properties.

The Treasury Department is asking the public to comment on the long-term availability and affordability of terrorism risk insurance.