Record-setting catastrophe losses from 2011 are contributing to a hardening property/casualty market, according to the latest market update from Lockton. The 2012 Lockton Market Update predicts that CFOs and risk managers are going to face a difficult pricing environment ... [full story]

Two-thirds of Americans who work in the private sector lack disability insurance, even though most workers say missing work for three months or more because of sickness or injury would cause “financial hardship,” a new survey finds. The survey ... [full story]

(Reuters) - Federal officials are putting fresh pressure on Congress to take action on the National Flood Insurance Program, whose authorization expires at the end of this month, one day before hurricane season begins. The NFIP has been a ... [full story]

Spurred by major storms that had left millions of New Englanders without power last year, a Senate committee is questioning what can be done at the federal level to better prepare for and respond to natural disasters. New Hampshire ... [full story]

WASHINGTON – The National Flood Insurance Program, the only source of coverage for 2.1 million Florida households, will raise its rates by an average of 5 percent in October and maybe as much as 20 percent in high-risk areas over ... [full story]

In kasina’s yet-to-be released 2nd annual study, findings indicate that about 87 percent of asset managers and insurers use LinkedIn, Facebook and Twitter, but very few are experiencing increased sales. “It’s hard to track how much social media enhances ... [full story]

(Reuters) - Federal officials are putting fresh pressure on Congress to take action on the National Flood Insurance Program, whose authorization expires at the end of this month, one day before hurricane season begins. The NFIP has been a ... [full story]

American International Group Inc. AIG -3.84% said its first-quarter profit more than doubled to $3.21 billion, driven by improved results at the bailed-out company's main insurance businesses and market-price gains in the value of two major assets. AIG's operating ... [full story]

The number of consumers shopping for auto insurance has declined, dropping to the lowest point in five years, according to the J.D. Power and Associates “2012 U.S. Insurance Shopping Study.” According to the research, only one-quarter of insurance customers ... [full story]

With age comes wisdom supposedly, but even as more Americans are living longer they are not financially prepared for their retirement years and also lack life insurance. According to the Centers for Disease Control (CDC), the average American’s life ... [full story]