A round of storms in late June and early July has amounted to the third costliest insurance event in Ohio history with estimated insured losses of at least $433.5 million.

Theresa Terri Vaughan today announced her retirement, effective in February, as chief executive officer of the National Association of Insurance Commissioners.

Florida plans to disapprove Praetorian Insurance Co.s request for a statewide 2.2 percent decrease for its lender-placed insurance program.

Insurers that operate thrifts would be subject to the same capital standards at the holding-company level as banks, according to new rules proposed by federal regulators.