The Florida Office of Insurance Regulation advised an appeals court yesterday it should not hold a rehearing on its decision allowing a regulator to suspend Allstate's ability to write new business, b

Among its provisions are those freezing rates for the state-run Citizens Property Insurance Corp., increasing the penalties for violations of the insurance laws, and changing the standards and procedu

NEW YORK--Insurers have become too reliant on catastrophe models when deciding which risks should be cancelled and which ones are acceptable, a pioneer in the modeling field told an industry gathering

The bank did not give details on its insurance segment's performance, but in a statement Howard Atkins, Wells Fargo's chief financial officer, said many of its businesses achieved double-digit, year-o