Agency Management

The House took an important step toward reforming financial services industry regulation last night, passing legislation that would for the first time establish a federal office designed to deal with insurance activities.

Hurricane Alex became the first hurricane to hit land in the month of June in more than 40 years, but its effect on the U.S. was minimal, according to a catastrophe modeler.

Insurance groups want commissioners involvement in new health care ratios.

Property-catastrophe reinsurance rates in the United States have significantly decreased despite catastrophe losses from the Chile earthquake and storms in Australia during the first half of 2010, according to three reports on July 1 reinsurance renewals.

Independent insurance agents are blasting a decision by the U.S. Agriculture Department to impose a crop insurance contract on the industry that includes restrictive caps on agent commissions.

The only thing certain about the future of the employee benefits market today is uncertainty. The marketplace is a work in progress due to the Patient Protection and Affordable Care Act recently enacted by Congress.