Senate Democrats expressed strong support for renewal of the Terrorism Risk Insurance Act at a Capitol Hill hearing on the issue, but concerns voiced about the program by Republicans left it unclear
The National Conference of Insurance Legislators' decision to postpone action indefinitely came after a representative for health insurers told legislators that pharmacy benefit managers are not a pro
The Johnston, R.I.-based mutual insurer reported net income increased $102 million to $737 million for the year. Surplus grew to $5.2 billion in 2006, up $800 million. In-force premium was $4.5 billio
A product of a special session lasting just a handful of days, at 176 pages the recently enacted property bill is a classic study of how the laws of political pressure can work to change the
Born in California in the early 1970s, the PEO industry today generates some $51 billion in gross revenues annually. Harvard Business Review called PEOs "the fastest growing business service in the
State Farm's proposed class-action settlement for Mississippi homeowners with Hurricane Katrina damage is a quick, simple remedy for those who want to take part, an attorney told a federal judge yeste
WASHINGTON--Senate Democrats expressed strong backing at a hearing today for continuing government insurance industry support for terrorism catastrophe losses, but concerns voiced about the program by
BY SOME accounts, the property-casualty insurance industry has just closed the books on one of its most successful years in the last 50. Record profits, fueled by a generally quiet hurricane season and overall national economic growth, have enabled
A QUESTION I commonly pose to workshop audiences is, "What's your brand?" Answers vary. Attendees may name an agency, company or spokesperson (live or animated). I rarely receive the answer I'm seeking. I keep hoping an entire
(Editor's note: This month, we introduce a new Agency Technology columnist. Ted Baker, president of Advanced Automation, an agency consulting firm, takes over for Ed Higgins, an independent agent who wrote the column for four years. We thank Ed