On the heels of Fitch Ratings' negative analysis of the insurance industry's near-term future, an analyst with Celent said he is even more pessimistic about the industry than Fitch.

Aon Corp. said Aon Risk Services plans to acquire FCC Global Insurance Services, the captive brokerage subsidiary of Madrid-based Fomento De Construcciones Y Contratas, S.A. (FCC).

The National Association of Professional Insurance Agents said it has joined with The Hartford to honor an outstanding customer service representative.

Risk management executives know that protecting their company's supply-chain is important, but many fail to properly manage the risk to it, according to a recent survey.

Senate Democrats appear on the verge of dropping a scaled-backed health insurance "public plan" that would make people aged 55 to 64 who lack health coverage eligible for Medicare.

The inheritance tax, an issue for the heirs to small insurance agencies, will likely be allowed expire and then be reinstated retroactively an insurance trade group said.

Civil litigation costs rose only 1.1 percent in 2008, but this year the percentage may have nearly tripled, driven up by damage from the financial crisis and medical malpractice cases, a consulting firm reported.

On the heels of Fitch Ratings' negative analysis of the property and casualty insurance industry's near-term future, an analyst with Celent said he is even more pessimistic about the industry than Fitch.