News

Independent insurance agency merger and acquisition (M&A) activity has been a wild ride in the past few years and it is not likely to become smooth anytime soon

While some people are debating the existence of climate change, reinsurers aren't taking any chances, observes Caroline McDonald in her blog. Read more at www.NoRiskZone.com.

After nine months, U.S. property and casualty reinsurers saw net income rise to $6.27 billion, nearly five times what the same group of reinsurers recorded during the same time in 2009.

Trade groups representing agents who sell health insurance are seeking congressional support for legislation that will exempt agent commissions from the medical loss ratio formula recently approved by the Department of Health and Human Services.

Property and casualty trade groups urged Congress to keep trying after the Senate failed late Monday to pass legislation that would repeal a tax reporting provision of the health care reform law.

Title insurers remain affected by the economy and housing struggles, and there is no clear catalyst for change in the near term, according to a Fitch Ratings outlook on the title insurance industry.