Rates for U.S. property/casualty commercial insurance policies were down an average of five percent during November, a slight decrease from the last several months, which saw declines of four percent.

A representative of international insurers sees conclusions of the deficit panel last week as a positive for the international insurance industry

The insurance industry is lauding the new trade pact reached between the U.S. and South Korean governments.

Corporate America and trial lawyers are anxiously awaiting a decision from the U.S. Supreme Court, which has agreed to hear an appeal in a discrimination lawsuit case involving thousands of women seeking class-action status against Wal-Mart.

There is a new property insurance bill in the works in Florida--one that insurers hope will gain the support of new Gov. Rick Scott.

While mergers and acquisitions activity has been more talk than action for the Bermuda market lately, A.M. Best said conditions are ripe for business to pick up in this area.

The independent agency system is showing signs of continued stabilization in numbers and increased diversification in ownership, a study from the Independent Insurance Agents & Brokers of America found.

Liberty Mutual Chairman and CEO Edmund "Ted" Kelly said only strong companies that recognize global business opportunities will succeed because they will be poised to take advantage of the market when it improves.