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.

Desperate to shrink its dangerously overexposed state-run insurer, Florida is floating legislation to allow eligible surplus-lines insurers to take policies from Citizens Property Insurance Corp., the states ostensible last-resort insurer.

Allstates 2011 annual report provides some insight into the way its actions have affected agents and business.

The insurance industry in theU.S.has evolved significantly. One of the major reasons for the industrys tremendous evolution and growth is that theU.S.is one of the most litigious countries in the world. But rapid growth hasnt helped companies tackle the three biggest challenges facing the industry today.