News and information for property & casualty insurance agents & brokers on personal lines insurance, including homeowners insurance, flood insurance, earthquake insurance, renters insurance, automobile insurance, life insurance, disability insurance, umbrella insurance and health insurance.
State Farm says it will not accept liability on the future sale of annuities or mutual funds. Meanwhile, Allstate, USAA and Nationwide plan to remain in the commission investment business.
A risk retention group which insures taxicabs primarily in Pennsylvania and New Jersey has been placed in liquidation, setting off a scramble by cab owners to find new insurance.
The International Association of Insurance Supervisors on Thursday unveiled what it envisions as a uniform capital framework for internationally active insurers, or global systemically important insurers.