Allstate Insurance Co. is continuing its drive to recoup hundreds of millions of dollars allegedly lost to fraud, as the insurer has filed another lawsuit in New Yorkthis time seeking $2 million from 27 defendants.

The Council of Insurance Agents & Brokers says Christopher Gagnon is joining the organization as Director of Strategic Technology.

The Council of Insurance Agents & Brokers says Christopher Gagnon is joining the organization as Director of Strategic Technology.

Troubled bond insurer Ambac Financial Group Inc. says a federal-bankruptcy judge granted approval late yesterday for its plan to reorganize the company.

Until another significant event occurs to take a large bite out of industry capital or underwriting capacity, a true hard market will remain elusive, says Fitch Ratings.

The insurance industry has not grown in the last few years. According to figures supplied by the Independent Insurance Agents and Brokers of America and others, the p&c space has had nearly zero to slightly negative premium growth in recent years. While there has been growth in other...

The insurance industry has not grown in the last few years. According to figures supplied by the Independent Insurance Agents and Brokers of America and others, the p&c space has had nearly zero to slightly negative premium growth in recent years. While there has been growth in other...

Close to four years after the New York Department of Insurance proposed its disclosure rule for producer compensation, a risk-management association and an independent-agents group remain at odds over the implications of Regulation 194, issuing dueling statements over its impact.