Unfortunately for patrons of one California car shop, using Choice Auto Body was definitely the wrong choice.

MarketScout insurance exchange reported that the U.S. property and casualty market remained soft, as rate declines for risk placements continued moderating at a slow but steady pace.

Learn what types of projects are funded by the $787 billion federal stimulus and how to help clients manage new risk

The Great Depression, Word War II and the Cold War had little or no impact on the evolution of insurance coverages. Similar to today, most coverages resulted from court decisions, governmental pressures and marketing departments.