E&S/Specialty

The marine-underwriting industry has grown frustrated with the Federal Bureau of Investigations cargo theft data collection efforts, according to a June 11 letter sent to the FBI by industry representatives.

The marine-underwriting industry has grown frustrated with the Federal Bureau of Investigations cargo theft data collection efforts, according to a June 11 letter sent to the FBI by industry representatives.

The U.S. Supreme Court on Monday said it would not hear an appeal from insurer Louisiana Citizens on a class-action lawsuit that followed Hurricane Katrina, handing another victory to plaintiffs who are already owed more than $105 million.

Record-setting Tropical Storm Debby has formed in the Gulf of Mexico and is scheduled to move at a snails pace across Northern Florida this week.

The contributions of the figures selected as the industrys Top 25 Living Legends to P&C insurance have been epic, monumental, and are sure to be discussed and studied for decades to come. Each profiled visionary has fundamentally changed the way insurance is done, likely forever.

Keefe Bruyette & Woods says the property and casualty industry is under-reserved for accident years 2008-2011 and most carriers will see a drop-off in the benefit of favorable reserve development going forward.