News

It is looking more and more likely that Congress will again have to pass a temporary extension of the National Flood Insurance Program, officials of the Independent Insurance Agents and Brokers of America are warning.

It is looking more and more likely that Congress will again have to pass a temporary extension of the National Flood Insurance Program, officials of the Independent Insurance Agents and Brokers of America are warning.

J.D. Power and Associates says overall satisfaction with auto claims is considerably lower among total loss claimants than those with repairable vehicles. Insurers can bolster satisfaction with communication and prompt, fair settlements.

Willis North America, a unit of global insurance broker Willis Group Holdings, announces several appointments to its Strategic Outcomes and Construction practices.

Two Bermuda-based insurers say catastrophes hurt their third-quarter earnings, with Everest Re reporting a 64 percent drop in net income and Montpelier Re posting a net loss.

Two subsidiaries of American Enterprise Group are pulling out of Florida.