Agent & Broker

"We didn't think [Hurricane] Katrina and the events of last year warranted a broader hardening market event because rates were adequate in many areas, so there really wasn't a need for increases," he

Florida officials announced today that Brown & Brown, Inc. has agreed to reimburse up to 400 cities, counties and public entities in Florida with approximately $5.8 million for collecting undisclosed

Insurers may find it impossible to rescind their directors and officers contracts with policyholders accused of backdating stock options because the threshold to prove fraud may be too steep, legal ex

In today's report, "Review and Outlook 2006-2007," on the p-c industry, Fitch said the industry would record profits for the third consecutive year and could post its lowest combined ratio in recorded

Joe Bastardi, chief forecaster for AccuWeather, said the current hurricane cycle resembles the same activity of the 1930s through 1940s, and the current increased activity cycle should begin a turnaro

The company said Mr. Reda has more than 10 years experience at Lockton and more than 15 years of experience in the employee benefits industry. During his career he has worked in the UNUM and Aetna org

MarketScout, the Dallas-based online electronic insurance exchange, compiled its findings from its own submissions, interviews with industry executives and surveys conducted by the National Alliance f

"We expect a smooth transition; our technology platforms are similar as are our cultures," said Craig Sargent, president of Northeast Bank Insurance. "Palmer is exactly the type of agency we were look