News

New York State regulators have approved an agent association's disclosure statement that insurance agents and brokers can use to inform their clients about their compensation arrangements with carriers.

The National Association of Professional Insurance Agents is seeking nominees for four awards it plans to issue later this year.

The Deepwater Horizon oil spill disaster in the Gulf of Mexico could cost insurers up to $3.5 billion, Moody's said, but A.M. Best affirmed the oil rig owner's captive insurer rating despite the losses it faces.

Colorado State University hurricane forcasters, led by William Gray, increased their early season forecast for storms said there is more than a 70 percent chance of a hurricane making landfall in the United States.

International counterterrorism efforts appear to be stifling the ability of terrorist groups to mount significant attacks on the scale of those of Sept. 11 according to the 2010 Aon Terrorism Threat Map.

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