Federal regulators Thursday moved to tighten the regulations governing the small but highly profitable forced-place homeowners insurance marketand more is on the way.

Federal regulators Thursday moved to tighten the regulations governing the small but highly profitable forced-place homeowners insurance marketand more is on the way.

Progressive Corp. says fourth-quarter net income dropped 3 percent, or by $8 million, to $249 million compared to the prior years fourth quarter.

Eventually, the connection between insurance carriers and the independent agents that sell their products will become simpler, but until the two sides agree on whats best for each of themindividually and collectivelythere remains a level of complexity in distribution management, according to Deb Smallwood, founder of Strategy meets Action (SMA)....

Eventually, the connection between insurance carriers and the independent agents that sell their products will become simpler, but until the two sides agree on whats best for each of themindividually and collectivelythere remains a level of complexity in distribution management, according to Deb Smallwood, founder of Strategy meets Action (SMA)....

Burns & Wilcox has announced it has joined Trusted Choice as the first national wholesale broker to partner with the Independent Insurance Agents and Brokers of America in its national branding campaign.

Convicted child abuser Gerald Sandusky and his homeowners insurer, State Farm, settled on a lawsuit brought by the insurer to have a judge declare the company has no obligation to defend the former Penn State University assistant football coach.

Bond insurer MBIA Inc said on Thursday that New York's decision to prevent it from making an interest payment on a series of notes does not mean it cannot meet its financial obligations.