Massachusetts Attorney General Martha Coakley's Office has reached an agreement with the state's residual market property insurance pool to roll back rates .72 percent, it was announced.

Vermont officials reported that despite the weak economy last year growth continued strong for the licensing of captive insurers in the state.

XBRL International announced the appointment of Chethan Gorur, Trintech director of interactive data services, as XBRL International Standards Board (XSB) chairman designate.

Most reinsurers have far more capital than a year ago, capacity is abundant, but problems lie ahead for the marketplace, Holborn reinsurance brokerage predicted.

Insurance agencies can expect to receive less carrier compensation in the future as companies reassess their payment arrangements and require more business from them.

House Democrats are insisting that final health care delivery reform legislation include a provision repealing the antitrust exemption afforded to healthcare and medical liability insurers.

The federal appeals court in Washington, D.C. has found that auto damage adjusters working for GEICO do not qualify for overtime benefits under the Fair Labor Standards Act of 1938 (FLSA).

New York Gov. David A. Paterson's call for reviving the New York Insurance Exchange has met with generally positive reviews with some agent associations saying they would welcome participating in the process.