Property/casualty insurers are seeing rising loss costs, increased levels of litigation and higher rates of fraudulent claims because of the struggling economy, a survey has found.

The Property Casualty Insurers Association of America (PCI) released a consulting firm study that concluded any new legislation regulating the financial system based on the size of financial institutions would be unfair.

The Independent Insurance Agents and Brokers of America Annual Legislative Conference and Convention will be missing one familiar element--for the first time, there will be no accompanying trade show.

Failure to achieve a binding agreement at the United Nations Framework Convention on Climate Change held in Copenhagen, Denmark last December has left insurers with no clear direction to address the growing risk from global warming...