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House and Senate negotiators added at the last moment a tax on large financial institutions, including insurers, before completing work early today on sweeping financial services legislation.

i3 Software, a global IT firm, has partnered with Mendix Inc to develop software solutions for clients working in specific software environments.

Insurers and independent agents may not like the direction distribution channels have taken of late,but both carriers and agents need to realize the push toward the direct channel is coming from consumers.

A 5 percent rate increase by the Texas Windstorm Insurance Association may lead to more stability for consumers, said an official from an independent agent association in the state.

Companies that collect personal information need to develop plans in advance to guard against data theft so they can protect the company in case of a breach and communicate to those affected, according to a panel of experts.

Florida residents have more carriers to choose from when shopping for homeowners insurance compared to other hurricane-prone states, but the financial strength of new entrants there is "questionable," according to Weiss Ratings.

Florida Insurance Commissioner Kevin McCarty has issued a Final Order to a dozen entities, including companies and their officers, for the unauthorized sale of health insurance products in Florida.

Hartford, Conn.-based Travelers said this year's Travelers Championship golf tournament will generate a record-breaking $1.1 million in charitable contribution after an additional commitment by the company.