News

Although economists generally do not expect sharp increases in inflation, insurers should develop plans to consider how they will respond if inflation surges.

The New York Insurance Association named the 2000 Honda Civic the most frequently stolen vehicle in New York State for the third year in a row.

Brown & Brown said it has acquired a portion of Greystone Benefits Inc. of Berwyn, Pa., an employee benefits firm.

While the insurance industry fared well during the global economic crisis, many insurers see room for improvement in their enterprise risk management programs, according to an industry survey.

The leadership of the National Association of Insurance Commissioners fully expects some major turnover in its ranks in the coming months, but they've seen it before and expect to continue with their work unabated.

The NAIC approved regulations for implementing medical loss ratio provisions of the new health care reform law and vowed to continue to work to resolve concerns agents and brokers have regarding the rules impacting their compensation.