News

What do catastrophe claims professionals struggle with most in their jobs, which are unlike anything else in the industry? Here are the top seven concerns as voiced by the professionals themselves.

Despite market conditions that should be edging pricing up, the U.S. property and casualty market still remains soft with composite rates in May running at minus-4 percent, according to online insurance-exchange MarketScout.

Edmund “Ted” Kelly, CEO of Liberty Mutual Group since 1998, is retiring on June 28.

A recent U.S. Supreme Court decision moved the ball just a little bit in favor of easing the conditions for bringing a class-action lawsuit alleging securities fraud.

Allstate unveiled plans to revamp its distribution channels and its business strategy to grow its property and casualty business, but the executive director of the company’s agents’ association has criticized the plans.

The Texas Windstorm Insurance Association has purchased $636 million in reinsurance protection.