ACE Ltd has agreed to buy a 60.9% stake in Thailand's Siam Commercial Samaggi Insurance PCL for about $185 million as foreign insurers step up their presence in underdeveloped Southeast Asian insurance markets.

The agent and broker subsector added jobs for the sixth straight month in November 2013, and is now just over 3,000 positions short of its July 2007 employment peak, according to an analysis of the latest U.S. Labor Departments Bureau of Labor Statistics figures.

Learn how schools, religious programs and professional liability are helping three agencies stand out in tough times.

Learn how schools, religious programs and professional liability are helping three agencies stand out in tough times.

New Mexico lawmakers are attempting to close a loophole that allows employees to receive workers compensation benefits for injuries sustained at work while intoxicated or stoned, according to a story in the New Mexico Watchdog.

New Mexico lawmakers are attempting to close a loophole that allows employees to receive workers compensation benefits for injuries sustained at work while intoxicated or stoned, according to a story in the New Mexico Watchdog.

New earthquake fault lines have been discovered on the West Coast, including in Los Angeles and Spokane, Wash., but it is yet unclear how this may affect home development or insurance rates in the at-risk areas.

The Reinsurance Association of America is voicing strong support for legislation being considered by the Florida legislature aimed at encouraging insurers to offer private alternatives to covering flood risk.