Investment activities of insurers are "fundamentally different from the types of activities that are targeted by the so-called 'Volcker Rule' on proprietary trading," officials of the Property Casualty Insurers Association of America said.

Citizens Property Insurance Corp. has launched a broader Inspection and Outreach Program to ensure that personal and commercial policyholders are receiving accurate wind mitigation credits.

Three more foreign reinsurers--all based in Bermuda--have reached agreements with the Florida Office of Insurance Regulation to participate in the state's insurance market under modified regulatory terms.

Ambac Financial Group was not able to reach an agreement with debt holders and has filed for Chapter 11 bankruptcy relief.