The property and casualty industry posted a $1.3 billion first-quarter loss--the worst result it has recorded in more than 20 years of surveying consolidated results, the Insurance Services Office reported.

Florida's insurance commissioner has released a letter detailing how, despite hurricane concerns, carriers are continuing in the state insurance market, raising capital and forming new companies.

The Hartford Financial Services Group is suing Arch Insurance Group for allegedly poaching its financial products division of executives and stealing trade secrets.

The key to being a good salesperson is the ability to make cold calls, and building and sustaining relationships is not enough to make an independent agent a successful salesperson, a research study has found.

The loss of a jetliner with 153 aboard in the Indian Ocean off the coast of the Comoro Islands will impact prices in the aviation insurance market even further, a broker with Aon said.

World insurance premium volume fell for the first time since 1980 by 2 percent after years of expansion, according to a report released by Swiss Re.

The property and casualty industry posted a $1.3 billion first-quarter loss--the worst results it has recorded in more than 20 years, the Insurance Services Office said.

The loss of Air France Flight 447 off the coast of Brazil could have a hardening effect on aviation insurance rates, an aviation insurance expert said, but the full impact probably won't be known until year's end.