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WASHINGTON--An agents group said a study has shown that contingency commission payments are key to keeping the independent agency system in place and ensuring the survival of smaller and midsize insure
The insurer said in a regulatory filing that it has already received claims related to the practice of companies back-dating stock options to ensure they are profitable for the grantees, an activity t
Susan Miller, an Oak Street spokesperson, said the company, in business since 2003, has helped 427 agencies who would rather take a loan out than sell a book of business to raise capital. Borrowing ag
Insurers groups are reacting less than enthusiastically to a new Senate bill which would require that whenever a carrier declares a vehicle a total loss, that data is immediately available electronic
Zurich American Insurance Company and Employers Insurance of Wausau have said the new conceptual framework rebuilding agreement between Mr. Silverstein, the Trade Center leaseholder, and city and stat
Zurich American Insurance Company and Employers Insurance of Wausau have said the new conceptual framework rebuilding agreement between Mr. Silverstein, the Trade Center leaseholder, and city and stat
Loss reserves and admitted assets grew by 45.8 percent and 37.4 percent, respectively, over the past five years. The industry maintained the pattern in 2005, with growth rates of 7.8 percent and 6.6 p
Discounted rates of up to 10 percent were available for crime, professional indemnity, and directors and officers insurance in the second quarter of 2006, according to a new survey by an insurance bro
ISO's A-PLUS (Automobile-Property Loss Underwriting Service) unit and TransUnion, have created a comprehensive risk score that aims to bring efficiency to property and auto insurance underwriting and
According to an assurance document filed with the agreement, St. Paul Travelers paid the contingent commissions to big brokers who were part of a system that steered customers to major insurers who
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