News

Des Moines, Iowa-based insurer EMC Insurance Group Inc. reported fourth-quarter net income dropped 61 percent from the prior year, but excluding the investment gain from the sale of stock investment in 2009 kept earnings virtually flat, the company said.

The nation’s lingering economic woes are prompting many state legislatures to review — and try to rein in — workers’ compensation costs.

The nation’s lingering economic woes are prompting many state legislatures to review — and try to rein in — workers’ compensation costs.

The latest New Zealand earthquake is “absolutely not” the type of event to harden the reinsurance market, said the global head of business intelligence for Guy Carpenter.

Day two following the devastating earthquake in New Zealand's second largest city, Christchurch, brings forth even more disturbing images of destruction.

The world of insurance distribution has changed dramatically in recent years. Major trends have altered the distribution landscape dramatically and permanently, and insurers face significant challenges in adapting to these new realities.