The frequency of claims arising from wind and hail in Texas has prompted two Allstate Insurance companies to ask regulators for rate increases.

ProspX, Inc., developer of on-demand enterprise search and sales collaboration solution for the commercial insurance industry, announced its latest product release, featuring InsiderConnect.

The United States continued to be a source of insured catastrophe losses this year despite avoiding a hurricane landfall.

Consolidation in the crop insurance sector continued as Everest Re Group, a Bermuda-based insurer, announced Wednesday that it has entered into discussions with Kansas-based Heartland Crop Insurance regarding a potential acquisition.