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The elimination of training programs for a professional claims staff is an example of being penny wise and pound foolish.

Successful leaders inspire their team by communicating their vision in a way that motivates others to jump on board with full commitment.

News from Zurich, Lockton, ISCS and more.

Patricia A. Borowski, senior vice president of the National Association of Professional Insurance Agents, shares her insights on what's ahead for agents.

Zurich Insurance will appoint Mario Greco, the head of its Italian rival Assicurazioni Generali SpA, as CEO, Swiss newspaper SonntagsZeitung reported.

Europes largest automaker is in the midst of complex talks with the U.S. Environmental Protection Agency about possible fixes for about 480,000 diesel cars with 2-liter engines.

But that figure will get bigger, according to the state's Department of Agriculture.

This is the first of six cases in which plaintiffs' lawyers are attempting to prove the automobile giant was late to recall cars with defective switches and engaged in a massive cover-up to avoid liability.