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The comments by New York Assemblyman Joseph Morelle, D-Irondequoit, on behalf of NCOIL came during a hearing on a federal bill that would require most over-the-counter derivatives to be overseen by

New York independent agent groups are concerned that compensation disclosure rules proposed by the state insurance department could become an unworkable burden on producers, but three mega-brokerage

Marsh & McLennan Companies will pay more than $83.5 million to settle a class action suit filed by customers who were clients of the insurance brokerage arm of the firm while it engaged in

The Florida Office of Insurance Regulation (OIR) will review testimony on use of consumer credit information as an auto insurance rating factor, but has no timeline yet regarding when, or if, it will

Steve Weisbart, senior vice president and chief economist for the Insurance Information Institute mentioned the increase in body work prices and remarked that it will have an impact on claims.

The Insurance Council of Australia put that approximate insurable cost figure on the fires that began in early February based on claims received to date, said Kerrie Kelly, Insurance Council chief