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The president of a defunct New York title insurance company was arrested today on charges he misappropriated up to $5 million in client and escrow monies, federal and state authorities announced.

Despite continued increases in health insurance costs, few employers are considering getting rid of the programs, viewing them as an important employee benefit, a survey from the Council of Insurance Agents & Brokers found.

The installation of defective Chinese drywall in Southeastern homes brings up liability issues, but potentially impacted contractors and suppliers haven't seen their accounts moved out of the standard lines market.

Insurance agencies seeking to upgrade their technology systems should not only consider the needs of clients and insurance carrier partners, but must also collaborate with their producers and support staff to assure a smooth, successful transition.

Independent agencies that do an outstanding job selling insurance and providing risk management services for their clients are invited to enter the 2009 National Underwriter "Commercial Insurance Agency Of The Year" award program, with entries due July 13

Wholesale brokers are in a prime position to grab new business when a revived economy begins producing start-up companies that standard line carriers won't insure, a trade group leader advised here.

Insurers should choose who will regulate them--unless they are so big and widespread that only federal oversight will do the trick, magazine publisher and former Republican presidential candidate Steve Forbes told an industry conference here.

A first-quarter jump of 38 percent in securities cases is worrisome to insurers of directors and officers named as defendants in such cases, but the pace of filings could slow, a research firm said.