A Greensburg, Pa.-based insurance agency is offering a new insurance product that it says combines claims-made errors and omissions coverage with the occurrence general liability form.

The earthquake in Japan, where estimated losses would make it the worst disaster in history, will affect insurance rates in the U.S., according to industry experts.

A Tampa, Fla.-based insurance nonprofit says it “enhances” customer service and saves more than $700 million in litigation costs annually for the property-casualty insurance industry by resolving insurance claims disputes through arbitration.

A draft proposal to reform the National Flood Insurance Program (NFIP) is a “good start,” although it is not a “perfect piece of legislation,” experts said in a teleconference March 7.

Two states in the mid-Atlantic region had car insurance rates that were among the highest in a recent survey from InsWeb, an online insurance seller.

February’s composite rate for U.S. property-casualty insurance coverages showed a 5% decline, according to MarketScout’s monthly analysis.

USI Insurance Services has completed an acquisition of some property-casualty companies that will allow it to expand its presence in Long Island, Rockland County and the Hudson Valley, as well as Northern New Jersey, company officials said.

Local Red Cross chapters in Maryland, North Carolina, Pennsylvania and North Carolina are among the recipients of $1.3 million in money from the Nationwide Insurance Foundation.

New York insurance companies’ performance improved in the last year, although companies were rated lower for how fairly they pay producers, a new survey of agents shows.

A wholesale brokerage operation launched a practice specializing in cyber liability coverage, which protects businesses against the damages that come from identity theft, data breach and other forms of cyber crime.