Four anti-fraud groups have written California Gov. Arnold Schwarzenegger, criticizing his budget proposal to downgrade most insurance crimes from felonies to misdemeanors. The governor has advanced the idea as a method to save on prison costs. But, the organizations warned in their ... [full story]

SACRAMENTO, Calif.—California Insurance Commissioner Steve Poizner on Monday said he will probe California’s domestic insurers to ensure they comply with a state law prohibiting companies based in the state from investing in Iran. “State law prohibits California insurance companies from investing ... [full story]

Rising sea-levels could one day leave significant portions of the Florida Keys underwater, experts say. Researcher Evan Flugman said in a Florida International University report the Florida Keys are at the forefront of the emerging threat of rising sea-levels in the ... [full story]

NORMAN, Okla. (AP) The first phase of an $11.9 million experiment to study tornadoes ended with researchers only finding one twister during a 35-day period. The initial phase of the Verification of Rotation in Tornadoes Experiment 2 " also called Vortex2 ... [full story]

Gary and Janice Gilbert were expecting bad news when insurer USAA told them the policy for their home just north of Wilmington would jump about 20 percent if the Gilberts wanted to renew it in July. The state insurance commissioner ... [full story]