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The Florida insurer of last resort said inspections of the homes and commercial properties it insurers have uncovered some unjustified mitigation discounts.

Florida's Citizens Property Insurance Corp. said inspections of the homes and commercial properties it insures have uncovered some unjustified mitigation discounts.

Progressive Insurance Company's website scored highest overall in a Keynote Systems evaluation of 12 insurers, beating other insurers in three out of four categories and all five tasks Keynote evaluated.

Reserve releases that have cast a smokescreen in front of negative earnings in commercial lines will dwindle as the industry's reserve margin worsens, Moody's said.

The National Conference of State Legislatures (NCSL) voted unanimously to pass a resolution supporting The National Conference of Insurance Legislators'

Standard & Poor's said Friday it has revised the rating outlook for U.S. personal property and casualty insurance lines to stable from negative, pointing to more favorable pricing among the factors prompting the change.

Bermuda-based Endurance Specialty Holdings Ltd. announced late last month that it has launched a new U.S. Contract Binding Authority unit to operate within Endurance American Specialty Insurance Company, Endurance's U. S. surplus lines insurer.

A federal district court judge in Richmond, Va. has ruled that Congress could not require people to buy health insurance, a key provision of the health care reform law signed by President Barack Obama in March.