A U.K. proposal to reform the type of compensation that led to the current economic meltdown could be detrimental to insurers if regulators are not careful about how the new rules are applied, local carriers say.

Producers without an agency Web site are probably losing potential sales from online buyers, and one major auto insurer is offering to remedy that competitive disadvantage.

Robert Benmosche, who this week came out of retirement to take over as AIG's CEO, drew high praise from many leading agents and brokers, although concern was cited about his lack of p&c insurance background.

The fatal collision between a recreational airplane and a tourist helicopter over the Hudson River should not affect rates for such planes, but could possibly impact helicopter coverage, according to two insurance brokers.

The North Carolina House of Representatives has given final approval to a measure reforming the state's Beach Plan, its residual market property insurer.

The main job of any reporter is to be accurate with the facts, and when we make mistakes do our best to correct and not repeat them

Last month's announcement that Arthur J. Gallagher will be allowed to collect contingent commissions once again starting on Oct. 1 has opened old wounds in the debate over the controversial producer compensation system

The North Carolina House of Representatives has given final approval to a measure reforming the state's Beach Plan, its residual market property insurer.