American International Group Inc has decided to stop signing new reinsurance contracts with Warren Buffett's Berkshire Hathaway Inc. due to competitive reasons.

Tropical Storm Gabrielle regenerated and bore down on Bermuda on Tuesday while Tropical Storm Humberto strengthened to the verge of becoming the season's first Atlantic hurricane, forecasters said.

Poor structure can cause an agency to become obsolete.

The rise in counterclaim lawsuits filed by borrowers against community banks, credit unions and other financial institutions can be an opportunity for agents.

News from Guy Carpenter, Wells Fargo, Hiscox, NFP Corp, LeClair and Atlas General

The House today overwhelmingly passed legislation that would provide a mechanism for establishing true nonresident licensing reciprocity for insurance agents.

The House today overwhelmingly passed legislation that would provide a mechanism for establishing true nonresident licensing reciprocity for insurance agents.

Florida regulators have approved an overall statewide homeowners insurance rate increase of 6.3 percent for the states last resort insurer.