The world's biggest insurance company, American International Group Inc. (AIG), posted a big quarterly loss — $7.81 billion — largely due to write-downs related to bad ...

Young agents today face a number of challenges, including the soft market, a downturn in the economy and learning the skills necessary to become a profitable and successful ...

American International Group's whopping $7.81 billion first quarter loss (See related article) brought an immediate reaction from Standard & Poor's Ratings Services. ...

Standard & Poor's Ratings Services has raised its counterparty credit and financial strength ratings on California Automobile Insurance Co. (California Auto) to 'A+' from ...

Texas-based National Insurance Partners Inc., a risk management, corporate governance and financial solutions firm, and Siesko Partners LLC, a corporate insurance and risk ...

American International Group, Inc. (AIG) is in the market for a new chief financial officer (CFO), having appointed its current CFO to a new post. AIG announced that Steven ...

New carriers in the Massachusetts auto insurance market will be exempt from high risk assignments for their first two years under an amended rule approved by Massachusetts ...

Massachusetts insurance officials have blocked a 13.2 percent statewide rate hike by the state's residual market home insurer. The decision by Insurance Commissioner Nonnie ...

Conectiv Energy and three subcontractors will pay $1.65 million to settle a discrimination lawsuit filed by four black workers in Pennsylvania who said they were subjected to ...

Eastern Insurance Holdings, Inc., based in Lancaster, Pa., reported net income of $2.6 million for the first quarter of 2008, compared to net income of $3.2 million for the ...

Mt. Washington Assurance Corp. introduced its newest home insurance program in New Hampshire this week in a series of meetings with independent insurance agents who represent ...

New York-based Valiant Insurance Group Inc. has named Jeffrey H. Bossart senior vice president and chief claims officer. Bossart most recently served as regional head of ...

David W. Hobbs has joined Conshohocken, Pa.-based NSM Insurance Group as director of NSM Direct, which is the brokerage firm's retail insurance operation. Hobbs previously ...

Unlike Dorothy in the Wizard of Oz, one year after a devastating tornado destroyed their town, many in Greensburg, Kan. are still not able to go home. Some 700 residents ...

A leading House Republican said Tuesday, May 6, he will try before the legislative session ends next week to reverse a Department of Revenue decision to increase fees charged ...

A company says it will contest citations issued by state safety regulators in a worker's death at an ethanol plant under construction in northern Iowa. Kenneth Sterling, of ...

Warm weather on the heels of a record-setting blizzard late last week (week of April 28 - May 2, 2008) in western South Dakota has led to threats of flooding as the snow melts. ...

Ascension Insurance, Inc., based in Kansas City, Mo., has announced the appointments of three new executives: Calvin J. Stolle to the position of executive vice president, ...

The Mississippi Supreme Court is rescheduling cases after the new Gartin Justice Building was flooded on all four floors. The building houses the Supreme Court and Court of ...

Four employees were injured in an explosion and fire that damaged an Alabama building-products mill early on May 7, company officials said. The injured workers at ...

A circuit judge has approved settlements totaling $2.4 million of three malpractice lawsuits that accused a former West Virginia doctor of harming patients. Lawyers for ...

Federal investigators cited coal operator Massey Energy Co. for safety violations that contributed to the death of a West Virginia miner last year, according to a federal ...

Kentucky and Indiana firefighters are at the scene of a blaze on the Big Four Bridge on the Ohio River. Louisville fire officials and Waterfront Development Corp. officials ...

A device that turns liquor into a breathable vapor of oxygen and alcohol would be banned from South Carolina under legislation sent to the House floor. On May 6, the House ...

Tennessee drivers who ignore flood warning signs or barricades could be charged with reckless driving under a bill headed to the governor for his consideration. The House ...

Mayor Joe Riley said May 6 he would soon release a long-awaited report on the deaths of nine firefighters in last year's furniture store blaze, after firefighters and the ...

A Fayette County, Ky. resident who formerly worked as a claims supervisor is serving the final days of a 60-day jail sentence after pleading guilty to three felony counts of ...

In a move that insurers say could lead to Louisiana having the highest auto insurance liability rates in the nation, a House of Representatives committee has approved HB 1312, ...

The Louisiana House Transportation committee has voted to approve a bill under which the state would stop forcing adult motorcyclists to wear helmets. Instead bikers would be ...

An Oklahoma state legislator who partially owns two nursing homes that have been cited for health and safety violations said his facilities struggle with the same issues faced ...

Legislation requiring an expert opinion confirming professional negligence before a lawsuit can be filed is headed to Oklahoma Gov. Brad Henry after final passage in the House ...

Texas Attorney General Greg Abbott reached an agreement with El Paso-based CNG Financial Corp. and its subsidiaries, Check 'n Go of Texas Inc. and Southwestern & Pacific ...

Louisiana Workers' Compensation Corporation (LWCC) has hired Sam Matcha as project management and business analysis manager. In this position, Matcha will oversee project ...

The Central Oklahoma Chapter of CPCU has elected new officers for 2008 - 2009. Leading the group for the coming year will be: President Robert Sisco of Mercury Insurance ...

Reflecting the general upward trends in the cost of property and liability insurance claims, State Farm General Insurance Co. has filed a request for an average statewide 6.9 ...

Colorado Governor Bill Ritter has signed a bill that will allow the state Department of Regulatory Agencies (DORA), and its Division of Insurance the legal authority to demand ...

Duane Morris LLP announced that Max Stern and Peter Whalen, partners in its Trial Practice Group in San Francisco, have been named to jointly lead the Insurance and Reinsurance ...

Steve Carver has joined Bellevue, Wash.-based Baldwin Resource Group as an account executive in its Insurance Division. Carver has worked in the insurance industry for several ...

Scott Epstein has joined American E&S Insurance Brokers as underwriting manager, responsible for growing and strengthening the managing general agent (MGA) unit. He will ...

Myanmar's (Burma's) isolationist military regime gave the go-ahead for the first major airlift of international aid into the country Thursday, while dragging its feet on ...

Dresdner Bank stayed in the red in the first quarter after writing down €845 million ($1.3 billion) on structured finance investments, keeping it in the spotlight as parent ...

Bermuda-based CastlePoint Holdings, Ltd. reported net income of $9.565 million and basic and diluted earnings per share of $0.25 for the first quarter of 2008. Operating ...

The "Marsh Power Forum" in Paris this week identified potential insurance problems for the industry. Marsh noted that "the combination of rising demand and insured costs in ...

AIR Worldwide has released an analysis of a strong earthquake that struck just off the Japanese island of Honshu on Wednesday. The trembler rattled buildings in downtown Tokyo ...

Once you are established as an insurance agent, you will want to do whatever you can to improve your marketing power. The better your insurance marketing plan the more money ...