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The business landscape for insurance companies continues to change with pressures from the volatile economic conditions.

More independent agencies are taking advantage of advances in technology, including improved agency management systems, social media marketing methods and real-time capabilities, according to American Agent & Brokers' 2010 reader agency automation survey.

Massachusetts joined the growing number of states to pass a texting while driving ban after Governor Deval Patrick signed a bill into law late last week.

The property and casualty insurance industry had more than $19 billion of reserve redundancy at the end of 2009--a majority of which will be released this year and the next, according to Morgan Stanley.

A report that Florida's catastrophe funds have over $2 trillion in loss exposure will be clarified in the future, according to officials from the state's insurance department.

Innovation in Insurance (i3) and Strategy Meets Action (SMA) have announced a summer internship partnership.

The House has passed legislation that allows recovery of noneconomic damages for maritime death victims' families, starting with the 11 workers that died in British Petroleum's current oil rig disaster.

Premium rates in June remained soft, but continued to show some signs of easing off the worst of the declines with decreases in the low single digits, according to MarketScout.