News

The 2011 merger and acquisition spree continued with the recent announcements of six agencies acquired by four major insurance brokerage firms, with Marsh & McLennan Agencies scoring the largest of the lot.

Emphasizing the need for a new approach to state government, New York's new governor is seeking a radical realignment of the way the state does business, including folding the Department of Insurance in with two other agencies.

Earthquakes in 2010 caused insured losses exceeding $10 billion, and the industry as well as governments around the world must take action to prepare for future quakes, according to a new report from catastrophe modeler EQECAT.

A Japanese company tops the list of the world's largest insurers measured by assets, and by net written premiums, a French insurer comes in first.

A study by the Insurance Research Council (IRC) reports a high percentage of fraudulent auto claims in the New York City area.

A report from the Office of Inspector General in the Department of Homeland Security urged the Federal Emergency Management Agency (FEMA) to collect $643 million