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The property and casualty industry in general supports creating a federal insurance office.

The soft market continued to bottom out last month, as property and casualty insurance rate declines averaged 4 percent, compared to 5 percent in August, according to the Market Barometer survey by MarketScout.

When it comes to agent and broker errors and omissions risks, one area where agents might be missing potential liability concerns their exposure to data breaches, one major surplus lines broker warns.

American International Group currently owes the U.S. government $83.6 billion.

President Barack Obama has been appearing everywhere and anywhere to push his health care reform agenda this past month.

Thanks to a poor economy and lingering soft market, independent agencies have seen their return to shareholders deteriorate significantly over the past two years, the "2009 Best Practices Study" revealed.

In a down economy and relatively soft insurance market, independent agencies have had a hard time holding their own.

With our economy showing mixed signs of an upswing, individuals and businesses alike are looking for avenues that provide the most cost savings and stability during these trying times--and independent insurance agencies are no exception.