News

National Underwriter named the three winners today in the publication's eighth annual "Commercial Insurance Agency of the Year" award program.

Fitch Ratings said the outlook for the U.S. title insurance industry remains negative, following deterioration in market fundamentals and material reductions in capital.

Efforts to create a regional meeting format for captive insurance companies is seeing results with Arizona and Utah agreeing to form the Western Region Captive Insurance Conference (WRCIC) for 2010.

Federal Reserve Chairman Ben Bernanke declared that the recession is "very likely over," but the pace of recovery will be uneven across states and industries, according to a leading insurance industry economist.

The Council of Insurance Agents & Brokers and LexisNexis announced they have partnered to build a Web-based insurance exchange for the independent agent-based distribution system.

Reforming the civil litigation process would reduce health care costs and save the federal government $54 billion over 10 years, the Congressional Budget Office reported.