Payments on property and auto insurance claims for the May 19 and 20 tornadoes that affected 16 residential counties in Oklahoma have already reached at least $85 million, reports the states insurance department.

Floods, hurricanes and other extreme weather are hitting your personal lines clients hard. When disaster strikes, agents need a strong partnership with their carriers. Heres what to look for in a dependable personal lines partner.

The largest brokerage acquisition so far this year does not signal a change in merger and acquisition strategy for insurance broker Brown & Brown, says its CEO, but an industry consultant says it could set the tone for future private equity firm deals.

Instec announces the introduction and immediate availability of Quicksolver Studio, a software package that enables configurability of Instecs flagship policy lifecycle platform, Quicksolver.