News

Policyholders don't always accurately report lifestyle changes that could negatively affect their auto policy premium rates, according to a report from a ratings consulting firm.

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

Transocean Ltd. has filed a petition under the federal Limitation of Shipowner's Liability Act of 1851 to limit its liability for the Deepwater Horizon oil rig explosion to less than $26.8 million.

P&C trade groups sent a letter to Senate members late Thursday asking them to reject an amendment to financial services reform legislation calling for repeal of the antitrust-protection afforded to health insurers under the McCarran-Ferguson Act.

The sale of professional liability insurance has increased dramatically in recent years. Up to 500 percent at some agencies, members of an agency cluster said.

What does one learn after covering insurance news for 15 years? NU Online News Editor Dan Hays reflects on his career as he begins retirement.