Despite the damage caused from the Deepwater Horizon oil spill in the Gulf of Mexico, the event is expected to have no impact on the property insurance marketplace, an executive from Marsh said.

Marsh & McLennan Companies agreed to pay Ohio $4.75 million to settle an antitrust lawsuit stemming from allegations that the company's insurance brokerage firm engaged in a bid-rigging and kickback scheme in return for lucrative contingent commissions.

The combination of slowing price increases among a decreased number of air carriers indicates that the airline insurance marketplace may be stabilizing overall, according to a report from Aon.

A bill extending the National Flood Insurance Program for another year passed the House of Representatives yesterday and was sent to the White House.

A survey that found insurance agents and risk professionals are thinking more about retirement underscores the urgent need to train a younger crop of professionals to take over the business, according to one education researcher.

How does a property and casualty insurance company show its commitment to its agent community and help to develop a strong and successful independent agent work force?

Residents in Minnesota, South Dakota and Wisconsin have dealt with a weekend of flooding as there was much concern earlier today that a levee could break along the Wisconsin River.

One evening while attending a cocktail party with his wife for a local school function, Scott Addis was engaged in a conversation when someone interrupted, praising him for his community involvement.