Insurers dont want to be like the guy on the beach who wakes up to find himself buried under a ton of sand. Developing a data strategyand strong leadershipwill keep the sources of information flowing.

State Farm will be raising rates by a statewide average of 5 percent in Alabama, but rates in the states two coastal counties will remain flat for the most part.

HSBC Holdings has approached the top three property-and-casualty insurers in Japan about the sale of its non-life insurance business, which could fetch more than $1 billion, sources close to the matter said on Thursday.