E&S/Specialty

Victims of the Boston Marathon bombings will eventually win some kind of compensation, but it is far too early to know how much money there will be, whether private donors or insurers will provide most of it, and how long it might take to distribute.

MarketScout announces the development of a new Errors & Omissions facility designed specifically for Certified Insurance Counselors, offered through specialty insurer Ironshore Inc.

It hasnt been easy to find who provided insurance for the West Fertilizer Co.and maybe theres a reason for that.

After collision, the next-costliest Motor Truck Cargo claims are cargo theft and then fire. Frequent accident claims involve bad-weather collisions with other trucks, cars and guardrails--and rollovers are common.

An excess of capacity, new competition among carriers and increased measures against cargo theft characterize the landscape of the Inland Marine segment, the vast and varied coverage area that encompasses any type of shipment that does not travel over an ocean, including fine art and jewelry.

Insurance broker Marsh says global insurance rates continued to firm during the first quarter, led by major insurance lines in the U.S.

An atmosphere of pessimism has taken hold of the downstream energy-insurance market after two poor underwriting years, and while capacity has not been impacted yet, one or two exits by leading insurers could trigger a wider withdrawal, a new report says.

The head of the Insurance Information Institute says in the wake of the bombing tragedy at the Boston Marathon that the stability of the terrorism risk insurance market is contingent on sustaining a federal terrorism risk insurance backstop.