WASHINGTON—Insurers have themselves to blame for market swings, an insurer CEO told an agents’ meeting Friday in Washington. Insurers “have to be honest” and admit that, said Michael LaRocco, president and CEO of Allianz of America’s Novato, Calif.-based Fireman’s Fund Insurance Co. “It’s bad behavior,” he said, adding that insurers should ...

Guidance from the Federal Emergency Management Agency regarding the lapse in the National Flood Insurance Program on Monday and Tuesday was revised late yesterday by the agency. Under the revised guidance, policies that were renewed Monday or Tuesday after a lapse in coverage because of non-payment, can carry those effective dates ...

When it comes to growth, independent property/ casualty agents overwhelmingly point to “ease of doing business” as the keystone in the bridge to their success. Such is the conclusion reached by a study conducted by Deep Customer Connections and commissioned by iter8, a provider of P&C insurance and agency interface ...