The insurance industry needs to give greater support to nascent minority insurance producers or risk losing ground to the direct markets in the future, a New Jersey agents association president said.

Before making technology investments for Solvency II compliance, insurers need to understand their risk management profile and determine what is needed to fulfill the requirements, according to an analyst with the consulting firm Celent.

While the probability of an earthquake in the Pacific Northwest is considered "low" in the near future, insurers need to be mindful that they do occur and should mind their risk placements in cities there.

Standard & Poor's revised its outlook to negative on Marsh & McLennan Companies after MMC announced a $500 million settlement with the Alaska Retirement Management Board.

Standard & Poor's revised its outlook to negative on Marsh & McLennan Companies after MMC announced a $500 million settlement with the Alaska Retirement Management Board...

The federal government's $6 billion cut in the crop insurance program last week received a strongly negative response from the association representing the insurers.

A New York independent insurance agent's association dug in its heels in opposing the state Insurance Department's new producer disclosure regulation but is making further preparations to educate producers about the rule when it takes effect Jan. 1.

An agreement has been reached to settle workers' claims against the World Trade Center Insurance Company for more than $712 million, a $125 million increase over a settlement nixed by a federal judge in March.