Florida-based Homeowners Choice Property & Casualty Insurance Co. could double in size after purchasing troubled insurer, HomeWise Insurance Co.

The outline of a compromise over the uniform mechanism that will be used to implement the surplus lines and reinsurance modernization law emerged at the National Association of Insurance Commissioners fall meeting.

The outline of a compromise over the uniform mechanism that will be used to implement the surplus lines and reinsurance modernization law emerged at the National Association of Insurance Commissioners fall meeting.

Germany's Munich Re missed expectations for quarterly profit, as Europe's debt market storm, including more writedowns on Greek bonds, buffeted investment income.