News

Insurance brokerage bank holding companies' fee income grew to its highest level to date, according to a report issued by Michael White Associates.

A series of recent losses for the airline industry may mean the aviation insurance line will be hard pressed to see a profit in 2010 should the loss trajectory continue, according to a report from Aon Corp.

Sen. Jay Rockefeller, D-W.Va., threatened to resurrect his quest for a public health insurance option after failing to win a commitment from federal and state officials for regulations imposing tight control over administrative costs in premiums.

Since the economic recession began in December 2007, employment in the insurance industry has decreased across multiple sectors, according to a new report.

With the prediction of a very active hurricane season on the horizon, a report on catastrophe bond activity shows 2010 second-quarter transactions were the second most active on record, but outstanding capital is down.

Creation of an optional federal charter for insurers will be on Congress' 2011 agenda because it has strong bipartisan support.