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Insurers with large books of defined contribution business are well positioned to benefit from news that the Obama administration is promoting the use of fixed annuities, Aite Group says.

The Independent Insurance Agents & Brokers of New York’s Outstanding Company Partner Awards are presented to carriers that earned the highest scores in the association’s industry performance index.

The terms of the deal have not been finalized, and the payout mix could change, sources close to the matter say.

With Toyota owners being assured yesterday by PCI that their claims will be covered, auto insurers deliberate taking action against the vehicle manufacturer to recoup costs.

Experts believe companies should gradually immerse themselves in social networking strategies—not dash in an all-at-once fashion.

State Department of Insurance says the regulation is designed to provide transparency by requiring agents and brokers to describe to clients their role in a business transaction and how they are compensated.

Continuation of subsidy is reported to be included in jobs bills under consideration in Senate.

Ryan Specialty Group will operate in North America and Europe, and joins other niche market start-up, Kansas City-based ThinkRisk.

Insurers looking at IT outsourcing, whether for hardware, software or people, should focus not on cost, but long-term business value.

Life settlements industry says their practices not synonymous with STOLI.

Study finds nearly 20% of life insurance producers willing to switch to another carrier whose culture, style and office support are a better fit.

A.M. Best revises CNA Insurance Co.’s outlook to stable from negative and upgrades Farmers Mutual Insurance Co.’s financial strength rating.

A new study from IBM suggests that data governance is critical, but actions based on data are unique.

Insurer qualified its overall growth objective of working with agents who can provide “superior levels of customer service.”

Company says suit that alleges it pilfered workers and trade secrets is without merit.

Priorities through 2012 include a focus on underwriting discipline, risk management and gearing up for Solvency II.

The Property Casualty Insurers Association of America and the Insurance Information Institute were among the organizations urging reform.

Dodd presses ahead without Shelby, but can he succeed?

The insurer says many features of the iPhone app and mobile site are useful regardless of whether a person is insured by Progressive.

The acquisition brings Confie Seguros closer to its effort to become the leading national insurance distribution company primarily focused on the needs of Hispanic consumers.