State Farm says it will “weigh its options” after an Indiana jury awarded $14.5 million to a contractor in Indiana who sued the insurer for defamation.

Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. says it has acquired Mortgage Insurance Agency, Ltd. in Crystal Lake, Ill.

A decision by the New York State Court of Appeals allowing a group of banks to proceed with its lawsuit against MBIA’s 2009 restructuring of its insurance operations has mixed credit implications for the MBIA family of companies, Moody’s says.

Last week, we presented the top 10 states friendliest to P&C insurers and consumers. But what about the 10 worst states? Find out who made the list and why.