A Citizens Property Insurance committee approved a proposal today to increase premiums by up to 11.3 percent.

The number of insurance industry mergers and acquisitions has jumped in the last few months, after two years of minimal activity.  Read Story

If you want a preview of President Obama‘s health-care “reform,” take a look at Massachusetts. In 2006, it enacted a “reform” that became a model for Obama. What’s ...  Read →  Read Story

AMA urges health insurers to heal ‘flawed’ physician ratings

The American Medical Association has sent letters to the largest health insurers in the U.S., asking for immediate action to improve the accuracy, reliability and transparency of physician ratings.  Read Story

AIG to pay $725 million to settle Ohio class-action securities case

American International Group has agreed to pay $725 million to settle a class-action suit in Ohio regarding allegations of “wide-ranging fraud” involving public pension funds, according to Ohio Attorney General Richard Cordray.  Read Story

21st Century Centennial Insurance dropping N.J. rates by 20%

A direct-to-consumer auto insurance company says it has lowered its overall rate for coverage for drivers in New Jersey by 20%.  Read Story

The Independent Insurance Agents of Virginia has inked a partnership enabling its members to access cloud computing technology.  Read Story

QBE the Americas closes acquisition of NAU Country Insurance

QBE the Americas completed its acquisition of NAU Country Insurance Co., a writer of crop insurance business based in Ramsey, Minn.  Read Story

Former Md. insurance agent convicted, sentenced in policy scheme

A former insurance agent from Hagerstown, Md., was convicted of taking part in a scheme to generate commissions and boost his salary by falsifying policy information.  Read Story

Markel Corp. to add workers’ comp. sales with $135 million acquisition

Markel Corp. is acquiring Aspen Holdings, a privately held insurance group that provides workers’ compensation insurance, for about $135 million.  Read Story