The insurance industry performed poorly for the first half of this year primarily due to an unprecedented level of catastrophes and while the results may point to premium price increases, other factors may keep a lid on them.

The insurance industry performed poorly for the first half of this year primarily due to an unprecedented level of catastrophes and while the results may point to premium price increases, other factors may keep a lid on them.

Citing an increased risk of winds and high waters from Hurricane Irene, New York City Mayor Michael Bloomberg has issued a mandatory evacuation order for large parts of the city.

The National Association of Professional Allstate Agents, Inc. has formally approved plans to affiliate itself with the Office and Professional Employees International Union, AFL-CIO.

The National Association of Professional Allstate Agents, Inc. has formally approved plans to affiliate itself with the Office and Professional Employees International Union, AFL-CIO.

Marsh provides further evidence that insurance pricing may be moderating in a benchmarking report that says property rates are experiencing an increase in the third quarter, while other lines decline at a slower pace.

Marsh provides further evidence that insurance pricing may be moderating in a benchmarking report that says property rates are experiencing an increase in the third quarter, while other lines decline at a slower pace.

The 5.8 magnitude Virginia earthquake that shook the East Coast yesterday is expected to produce less than $100 million in insured losses, a catastrophe modeler said.