Three states are dropping out of the Nonadmitted Insurance Multistate Agreement tax-sharing compact, but Florida state officials say this will not interfere with the compacts implementation date.

As much as insurance technology leaders hate being saddled with legacy policy systems that keep their companies from reacting to changes in a nimble manner, they all seem to have a grudging respect for the 20th century technology that lasted for so long.

Driven by profits in all core business unitsespecially its property and casualty insurance unitAmerican International Group Inc.s first-quarter net income climbed more than 147 percent.

It may not "pay" right away, but ignoring social media will eventually leave you in the dust.