Noting “numerous and substantial errors” in the way it justified raising premiums as much as 39%, California insurance regulators have accepted the withdrawal of a planned premium increase by Anthem Blue Cross.

The Hanover Insurance Group and Louisiana regulators have reached an agreement for the insurer to withdraw two of its companies doing business in the state, but continue coverage through a new partnership.

State Farm has reached an agreement to continue offering homeowners’ policies in Florida, after what the state’s top insurance regulator called “a long and arduous negotiation process.”

Florida regulators are suffering from “political schizophrenia,” according to an insurance industry analyst.

President Bush gave seniors a bit of a break by signing a law that states they do not have to make withdrawals from their retirement accounts in 2009, based on the fact …  Read →