Agency Management

There are in excess of 35,000 independent insurance agents and brokers in the United States, and the vast majority of them are privately held.

Major insurance brokers are stepping up their game, delivering better service to their customers in a bad economy and surpassing the satisfaction rating of others who in the past would have been considered service leaders.

The latest surveys of rate changes for the group medical and the property and casualty insurance markets reveal a tale of two very different markets--with medical rates continuing to climb and p&c prices still falling.

Corporate America and trial lawyers are anxiously awaiting a decision from the U.S. Supreme Court, which has agreed to hear an appeal in a discrimination lawsuit case involving thousands of women seeking class-action status against Wal-Mart.

Property and casualty carrier employment decreased by 0.2 percent in October compared to September, dropping to the lowest employment level in the last 20 years, according to an I.I.I. analysis of Bureau of Labor Statistics data.

While some people are debating the existence of climate change, reinsurers aren't taking any chances. They are doing a tremendous amount of research and modeling and are creating action plans.