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Carriers and brokers selling Side-A D&O liability insurance coverage by delivering warnings about the increasing severity of shareholder derivative lawsuits may be overstating the trend, according to one attorney involved in a major case.

Carriers and brokers selling Side-A directors and officers liability insurance coverage by delivering warnings about the increasing severity of shareholder derivative lawsuits may be overstating the trend.

The property and casualty insurance industry is expected to see an underwriting loss for 2009, with no let-up in the soft market through 2010--barring a substantial market shift, Fitch Ratings predicts.

The most prolific headline generator by far this year was American International Group, which struggled to regain its credibility and repay its debt to taxpayers ...

The most prolific headline-generator by far this year was AIG, which struggled to regain its credibility and repay its debt to taxpayers after a massive federal bailout.

News about AIG broke fast and furiously last week, with questions raised about its reserve adequacy, deals closed to reduce its government debt, and an announcement that it had buried the hatchet with former CEO Maurice Greenberg.

The last thing American International Group needs during this crucial renewal season is any hint that reserves for its property and casualty insurance carriers might be inadequate.

Following an initial "no comment," unofficially we are hearing that AIG is reviewing an analyst's challenges to its reserve adequacy before responding. That’s reasonable, but the ...