The last five years find the P&C sector performing below industry averages, according to a new report from Fitch.

The U.S. House of Representatives overwhelmingly approved the bipartisan insurance agent licensing reform bill, also known as the National Association of Registered Agents and Brokers Reform Act of 2013 (NARAB II), by a 397-6 vote.

The federal case, thus far, involves 41 North Carolina tobacco farmers, as well as insurance agents and claims adjusters.

Modeling firm looks to a more comprehensive use of exposure data and analytics in an attempt to improve workflows.

Ovum says budgets will increase 6.5 percent CAGR over the next four years as insurers shift to growth strategies from cost-cutting.

In a new FICO survey, 31 percent of insurers said fraud accounts for as much as 20 percent of claims costs.

Under the deal, Chase agreed not to take commissions or engage in certain reinsurance arrangements with Assurant for six years.

Operational efficiency and underwriting discipline are crucial for growth and therefore are dictating commercial lines carriers’ technology purchases, according to a report from Novarica.

In the past 18 months, an estimated $10 billion of new capital has entered the reinsurance market and changed the nature of the sector's capital structure, according to “Capital Stewardship: Charting the Course to Profitable Growth,” a mid-year market report from Guy Carpenter.

Commercial insurance prices rose 6 percent, continuing the trend of steady increases, according to a recent Towers Watson study.

The eighth tropical storm of the season could become its first hurricane by Wednesday; if it doesn’t, it will be the first time the industry hasn’t seen a hurricane hit land by mid-September.

The Montpelier Risk Institute is partnering with researchers from Canada and Europe in an attempt to keep up with evolving risks, such as climate change.

Kaiser Permanente and Prudential rank in the top 10 of LATINA Style magazine's 50 Best Companies for Latinas list.

Reinsurers are under pressure to shore up earnings hurt by disaster claims and low interest rates.

While progress in the traditional variable annuity market has been marginal, global analytics firm Cerulli Associates says there is promising opportunity in other business lines, including deferred income annuities and structured VAs.

FireLight, an e-application business fulfillment platform, is designed with a mobile component as well.

Wildfire and flood claims were not enough to knock either sector off course last month.

Some of the same data analysis technologies being used by Western governments are cheap enough to be employed by financial services companies as well.

TransRe, a global reinsurer has selected MetricStream’s federated information architecture, which is designed to support the full range of risk and compliance processes, enable multiple reporting facilities and link to existing enterprise.

Continued growth is expected, according to a new report from Conning, but insurers will have to deal with ongoing challenges that include hiring agents and implementing tech-savvy platforms.