News

Louisiana Insurance Commissioner Jim Donelon calls the shooting deaths of two insurance department fraud investigators the darkest day in the department's history.

Allstate’s plans to consolidate its direct-writer agencies and alter commissions is receiving a lot of negative feedback, including criticism from the executive director of the agent’s association.

Credit rating agency A.M. Best Co. alleges competitor SNL Financial has been illegally reproducing and republishing A.M. Best's copyrighted material.

State Farm chief executive Ed Rust Jr. has been elected vice chairman of the board of the U.S. Chamber of Commerce.

As of June 1, major insurance companies in the Joplin area have received nearly 17,000 claims from the tornado that ripped through the area last month.

The property and casualty market is seeing signs of discipline, and psychologically, underwriters are ready for a pricing turn, but a broad market change is not likely with so much excess capacity remaining in the marketplace, P&C executives here say.