Three Allstate adjusters and two State Farm appraisers in Florida were arrested and charged with racketeering and grand theft auto for their roles in auto insurance fraud schemes.

Hurricane Paula is now spinning between the Yucatan Peninsula of Mexico and Cuba, and is expected to stay there into the weekend, according to the National Hurricane Center.

They may not command the multi-billion-dollar premium figures touted by competitors involved in the latest merger deals, but market clout is not necessarily synonymous with size, according to executives of several large independent wholesale brokers.

The new Financial Stability Oversight Council is seeking input about what criteria should be used in placing non-bank financial companies, such as insurers, under its federal scrutiny.