News

Contingent-commission payouts are expected to be 12 percent higher this year than last as insurers make changes in the way they compensate agents, according to a report from the consulting firm Ward Group.

Revised legislation narrowing the proposed exemption of agent commissions from the healthcare reform laws Medical Loss Ratio is being introduced in the Senate.

Revised legislation narrowing the proposed exemption of agent commissions from the healthcare reform laws Medical Loss Ratio is being introduced in the Senate.

Zurich Financial Services Group says it expects its losses from flooding in Thailand to range between $250 million and $300 million.

Zurich Financial Services Group says it expects its losses from flooding in Thailand to range between $250 million and $300 million.

U.S. tort costs climbed by 5.1 percent in 2010, driven by the April 2010 Deepwater Horizon drilling platform explosion and oil spill, according to a new Towers Watson study.