When starting a new business, success is never guaranteed and many start-ups fail. So, how does a savvy independent agent avoid disaster?

News from Towers Watson, Applied Systems, Air Worldwide, Penn National and more.

It's one of the fastest growing product lines in the commercial insurance sectorand it's frustrating as hell.

Jay Fishman, who engineered the merger between St. Paul Cos. and Travelers Property Casualty Corp. then steered the insurer through the financial crisis and into the Dow Jones Industrial Average, is stepping down as chief executive officer because of his health.