In the wake of the 7.2 magnitude earthquake that struck Baja California, Mexico, there were no immediate reports of damage from San Diego or Los Angeles, but inspections of buildings and infrastructure are underway.

More than 100 aftershocks have followed Sunday's killer earthquake that hit Baja California, Mexico, with reverberations in Los Angeles and San Diego, Guy Carpenter said.

A regulators' survey has found a majority of Americans are unable to correctly answer four of 10 basic questions about insurance coverages.

MarketScout, the electronic insurance exchange, said its composite rate for U.S. property and casualty insurance coverage was down 4 percent in March.