To promote business in the state, the New Jersey Department of Banking and Insurance said it is moving legislation for captive insurers in the state and is introducing legislation to promote growth in the reinsurance market.

A relatively powerful 7.3-magnitude earthquake offshore northern Sumatra, Indonesia shook buildings early Sunday morning, according to officials of Risk Management Solutions.

David M. Gelia was named chairman of the Independent Insurance Agents & Brokers of New York Inc. during its recent 128th annual business meeting.

A revenue-hungry Congress may finally move to impose higher taxes on offshore-based insurers this year, property and casualty insurance industry sources on both sides of the issue predict.

By following certain steps during a slip-and-fall lawsuit, you can take the fate of your claim out of the hands of a potentially sympathetic jury, and any decision that might come forth for a potentially damaging verdict.

Looking to lead by example, Risk and Insurance Management Society President Terry Fleming urged his members to "walk the talk" and emulate his practice of prohibiting brokers from accepting any contingent commissions on his account.

A father and his son surrendered at the Santa Clara County, Calif. Sheriff's Office in connection with an allegedly fraudulent auto insurance claim.

Carole J. Banfield was named Insurance Woman of the Year by the Association of Professional Insurance Women.