The Council of Insurance Agents and Brokers is partnering with LexisNexis to build a Web-based insurance exchange for independent producers, with test runs set to begin next summer.

No matter how many regulations or internal fail-safe systems an organization or a government puts in place, preventing systemic economic collapses means challenging peoples' worst instincts.

State regulators, possibly within days, will approve the hiring of a firm to reassess the evaluations of 17,600 residential mortgage-backed securities downgraded by the major credit rating firms, an official said.

Medical malpractice insurance trade groups said they are gearing up to fight a proposal to cancel the antitrust exemption they are now afforded under the McCarran-Ferguson Act.

National Association of Insurance Commissioners' moves to obtain revised ratings and reassessment of capital requirements for residential-backed mortgage securities (RMBS) could give insurers more financial flexibility, said Moody's Investors Service.

The Professional Insurance Agents of Connecticut, New Hampshire, New Jersey and New York are offering their members tools to help explain the benefits of a career in insurance in ways that younger students and workers can relate to.

Despite widespread publicity about the need for preventive measures to avoid the flu, nearly a third of workers in a poll said they have not altered their behavior.

Legislation that would repeal the antitrust exemption provided health insurers and medical malpractice carriers through the McCarran-Ferguson Act is being pushed by two powerhouse lawmakers.