New York says Zurich American Insurance Co. failed to spend at least 60 percent of total premiums on claims as required by the states law.

In a time when communication happens more often through a mobile device than face-to-face, agents must move beyond their old word-of-mouth marketing strategies and embrace social-media outlets to connect with a new generation of insurance customers, a business professor contends.

Sen. Mark Warner says Congress should consider reauthorizing the Terrorism Risk and Insurance Act for 10 years or longer because it is in the long term economic interest of the nation.

Sen. Mark Warner says Congress should consider reauthorizing the Terrorism Risk and Insurance Act for 10 years or longer because it is in the long term economic interest of the nation.

The insurance industry is facing a talent crisis.

Over 1,000 members of The Independent Insurance Agents & Brokers of America descend upon Washington D.C. this week to press their Congressional representatives on an agenda of issues affecting producers.

Brown & Brown reports record Q1 net income of 22 percent over the previous period primarily on the increase in commissions and fees, as insurers press for rate increases with significant focus on the Superstorm Sandy affected regions.

The record level of low claims in the airline insurance marketplace in 2012 is attracting more capitalwhich means favorable pricing for insureds with good safety records.