News

Shareholder derivative lawsuits against directors and officers of British Petroleum in the wake of the company's offshore oil rig explosion could result in sizeable recoveries based on current litigation trends, an expert in the field says.

Outstanding agencies spotlighted in four new categories and as overall champion

Reinsurers have not been especially disciplined, and they in fact prolonged a soft insurance market that should have ended a year ago, a leading reinsurance broker says.

U.S. commercial property and casualty insurance rates were down 4 percent on average last month.

The National Alliance for Insurance Education & Research announced a free monthly series of MyCast webinars for insurance and risk management professionals.

Independent agencies are invited to enter the 2010 Commercial Insurance Agency of the Year Award program, run by National Underwriter and American Agent & Broker, with entries due by July 1.