A.M. Best Co. has downgraded the financial strength rating (FSR) to B (Fair) from B+ (Very Good) and the issuer...
Hurricanes News
A federal judge in Mississippi has upheld the water damage exclusion in homeowners insurance policies in a ruling welcomed by...
The problems in the Florida homeowners insurance market will not be solved by the “overly simplistic” idea of establishing a...
A lawyer for U.S. Sen. Trent Lott said in Biloxi, Miss. that State Farm Insurance Co. is destroying documents that...
The Florida Independent Insurance Agents have responded with a call to action in which it asks its members to make...
About 1,000 Allstate Corp. employees have accepted a voluntary buyout offer, which is hundreds more than the insurance company expected...
Floridians victimized by the 2005 hurricanes have been urged by Tom Gallagher, Florida CFO, to make sure they are not...
Owners of homes worth more than $1 million could continue to get hurricane coverage from state-run Citizens Property Insurance until...
New York-based Americans for Insurance Reform has released a report calling for the complete removal of the private sector from...
French insurer Axa SA said Friday it received a binding offer for its reinsurance business from a consortium of private-equity...