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Marsh & McLennan Cos. reported strong second-quarter earnings, with net income increasing 18 percent backed by growth in its risk & insurance and consulting services segments.

The Washington state Supreme Court has reaffirmed that insurance companies can be held responsible for the acts of their agents.

The Washington state Supreme Court has reaffirmed that insurance companies can be held responsible for the acts of their agents.

Mondays $4.4 billion acquisition of Hub International Ltd. by Hellman & Friedman LLC could raise producers interest in making a sale, but will likely have minimal impact on the price paid for agencies, insurance agency consultants say.

Actuarially-based flood insurance rates scheduled to be phased in starting next year are unaffordable to Louisianas coastal residents, and could have a devastating impact on the states economy, the states insurance commissioner says.

Actuarially-based flood insurance rates scheduled to be phased in starting next year are unaffordable to Louisianas coastal residents, and could have a devastating impact on the states economy, the states insurance commissioner says.