Florida is launching a new assault on hurricanes -- with percentage points. The state's vast public insurance program is seeking a 7.5 percent average increase for its riskiest policies, covering some 300,000 homes on exposed beaches and in wind alleys that ... [full story]

Americans are not utilizing all of the discounts that may be available to them in their homeowner and auto insurance, according to a new national survey conducted for Trusted Choice and the Independent Insurance Agents & Brokers of America (IIABA). The ... [full story]

Reinsurers will face higher claims costs in the next few years if “rampant” inflation erodes reserves and rates for coverage fail to keep pace, Swiss Reinsurance Co. executive Pierre Ozendo said. “Inflation is a destroyer of reserve adequacy and destroys ... [full story]

Fitch Ratings said it has revised its global reinsurance industry outlook to stable from negative, citing relative improvements in the capital markets, macroeconomic conditions and reinsurance companies’ strong financial performance.  The New York rating firm said improvements in capital market ... [full story]