News

The German insurance industry rebounded effectively from the global economic downturn, although growth has been limited by underwriting conditions and catastrophe losses, according to a Moody's Investors Service analysis.

Allstate Corp. said it has reached a $10 million multi-state agreement to create what it calls an "education fund" for regulators.

Florida Insurance Commissioner Kevin McCarty said he would approve a 7.8 percent workers' compensation rate increase after the National Council on Compensation Insurance (NCCI) asked for an 8.3 percent hike.

A Clever, Mo., man was charged with wire fraud, conspiracy to commit bank fraud, and two counts of bank fraud for making false cattle theft claims.

A professor of contract law promises to bring his plea for greater homeowners insurance policy transparency before a committee of regulators this week--and he is taking his battle to the insurance media as well.

Chicago-based insurance brokerage Hub International has acquired Englewood Cliffs, New Jersey-based brokerage Burnham + Company.