News

U.S. property and casualty reinsurers saw 2010 first-half net premiums written drop 4 percent compared to last year while their combined ratio increased to 98.7 from 93.8.

Insurers still marketing with telephone calls, conferences, e-mail and live meetings may be missing an opportunity for growth if they ignore social media, according to an industry expert.

A Professional Insurance Agents of New York (PIANY) representative said she believes state regulators will make some producer compensation guidance language changes after

Earnings for U.S. property and casualty insurers were down on catastrophe losses in the 2010 second quarter, but their capital positions remained solid, according to a report issued by Moody's Investors Service.

Lloyd's of London, known for insuring the body parts of celebrities and athletes, has insured the Samoan locks of Troy Polamalu of the National Football League's Pittsburgh Steelers for $1 million.

Hurricane Earl, now a Category 4 storm, hit the Caribbean and is expected to track close to the U.S. East Coast later this week as a major hurricane, according to reports.

State Farm has recently filed court motions to dismiss the whistle-blower lawsuit filed against it by Cori and Kerri Rigsby -- sisters who worked for a private adjusting firm following Hurricane Katrina.

Named "On the Move," State Farm's latest app allows users to compose and preload customized messages that can be sent as automated responses to incoming text messages.