Agency Management

MarketScout, the electronic insurance exchange, said its composite rate for U.S. property and casualty insurance coverage was down 4 percent in March.

Two nonprofit groups--Federal Alliance for Safe Homes Inc. (FLASH) and Plan!t Now--announced the launch of a social media campaign to promote hurricane preparedness.

A fire broke out at the headquarters building of Chicago-based insurance broker Aon, and caused minor damage, according to news reports.

Why did most p&c insurers come through the financial crisis in relatively good shape? Steven Weisbart, chief economist at the Insurance Information Institute, offers his take in an exclusive Web video interview with NU at www.property-casualty.com.

According to Florida TaxWatch, our state may be "one major hurricane hit away from depending upon Federal relief or facing financial crisis."

New York-based insurance brokerage Integro announced it has hired a former New York Insurance Department deputy superintendent who helped draft the state's controversial disclosure rules, as its chief compliance officer.