Possibly the fallout of the hardening insurance market, insurance agents are less satisfied working with commercial lines carriers than they were two years ago, a survey finds.

Possibly the fallout of the hardening insurance market, insurance agents are less satisfied working with commercial lines carriers than they were two years ago, a survey finds.

Aon says second quarter net income was down 1 percent compared to the prior years results despite a 3 percent increase in revenue as it continues to absorb restructuring costs.

Willis Group Holdings reports second quarter net income dropped 3 percent despite strong earnings growth in all segments of the company.

A survey of auto insurance customers by consulting firm McKinsey serves as a reality check for carriers who believe price should be the major focus of marketing campaigns.

Citing excellent underwriting results and growth in premium rates, Ace Ltd. says second-quarter net income jumped 172 percent and its CEO predicts the industry will continue to get rate increases despite soft reinsurance market conditions.

The market for non-life insurance linked securities reached $2.2 billion for the second quarter of this year, bringing the first-half 2013 total to $3.8 billion after a historically strong first quarter, a new report says.

The CIAB's quarterly survey of insurance rates shows while prices continue to climb, the rate of increase fell a little more than a full point on average from the first quarter to 4.3 percent.