June insurance rates took another step toward pricing moderation as overall average property and casualty rate decreases dropped from a three-month run of minus-4 percent to minus-3 percent, according to MarketScout.

State Farm says it will “weigh its options” after an Indiana jury awarded $14.5 million to a contractor in Indiana who sued the insurer for defamation.

Company founder is new CEO at Clearwater insurer; continues as chairman of the board.

Michael Liebowitz, director of insurance and risk management for New York University, began an ERM program for his institution in 2010. Here’s a look at how he started the program—and the benefits it is already delivering.