News

Producer compensation remains at the top of the legislative agenda for two major New York independent insurance agent associations in 2011.

Property and casualty carrier employment decreased by 0.2 percent in October compared to September, dropping to the lowest employment level in the last 20 years, according to an Insurance Information Institute analysis of Bureau of Labor Statistics data.

Rates for U.S. property/casualty commercial insurance policies were down an average of five percent during November, a slight decrease from the last several months, which saw declines of four percent.

A representative of international insurers sees conclusions of the deficit panel last week as a positive for the international insurance industry

The insurance industry is lauding the new trade pact reached between the U.S. and South Korean governments.

Corporate America and trial lawyers are anxiously awaiting a decision from the U.S. Supreme Court, which has agreed to hear an appeal in a discrimination lawsuit case involving thousands of women seeking class-action status against Wal-Mart.