The worlds largest privately held insurance broker, Lockton, says it posted record revenues in 2013, topping more that $1 billion for the first time.

Peoria, Ill.-based specialty insurer RLI Corp. says second quarter net earnings rose 21 percent due to spring storm losses costing $3 million less than last year.

Overall satisfaction with auto claims held steady in the second quarter, but the latest J.D. Power survey indicates Mid-Atlantic States customers were very dissatisfied with how insurers handled claims following Superstorm Sandy.

Overall satisfaction with auto claims held steady in the second quarter, but the latest J.D. Power survey indicates Mid-Atlantic States customers were very dissatisfied with how insurers handled claims following Superstorm Sandy.

The Wards 50 added six new P&C companies to its list of top performers as the group once again substantially out classed the total industry in return on equity and other metrics.

Firming insurance market rates helped BB&T insurance services improve its results over the prior quarter and the same period last year, the Winston-Salem, N.C. based bank says.

U.S. property insurance rates are showing signs of softening partly due to increased capacity from Chinese insurance companies. But Chinese carriers willingness to pay claims in the face of a major loss event has yet to be tested.

U.S. property insurance rates are showing signs of softening partly due to increased capacity from Chinese insurance companies. But Chinese carriers willingness to pay claims in the face of a major loss event has yet to be tested.