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A course that provides training on how to properly use recycled parts during a collision repair is being offered by I-CAR.

Insurance company executives and independent agents disagree over just how easy insurers are making it to do business with them--an area of opportunity for carriers to expand their business, a survey suggests.

Munich Re reported a 2010 first-quarter net profit of EUR485 million ($620 million at current exchange rate), an 11 percent increase over the 2009 first-quarter net profit of EUR437 million ($558.6 million).

A revenue-hungry Congress may finally move to impose higher taxes on offshore-based insurers this year, property and casualty insurance industry sources on both sides of the issue predict.

Lloyd's achieved a record profit of ?3.87 billion--that's $5.9 billion, in current exchange rates--to go along with a sparkling combined ratio of 86.1 last year despite a severe economic contraction and stubbornly soft commercial insurance pricing.

U.S. Senate Republicans believe failure to increase federal oversight of large insurance companies is a major deficiency of financial services reform legislation, questioning whether state guaranty funds are adequate to deal with large carrier failures.

Independent agencies are invited to enter the 2010 Commercial Insurance Agency of the Year Award program, run by National Underwriter and American Agent & Broker, with entries due by July 1.

Insured losses from the Deepwater Horizon Drilling Platform explosion will likely total about around $1.4 billion, but are not expected to significantly impact this niche marketplace or buying behaviors.