E&S/Specialty

Markel Corp. says it has completed its purchase of program administrator Thompson Insurance Enterprises.

It probably comes as little surprise that 2011 was significant in terms of insured losses from catastrophes, but the loss figures have less to do with the number of events as where they took place, according to industry representatives.

The shift from single or small groups of physicians practice to multi-specialty and multi-state physician networks and hospitals will likely drive a change in the medical professional liability (MPL) insurance sector, says a report from Moodys Investor Service.

The shift from single or small groups of physicians practice to multi-specialty and multi-state physician networks and hospitals will likely drive a change in the medical professional liability (MPL) insurance sector, says a report from Moodys Investor Service.

Only catastrophe-exposed and loss-affected reinsurance contracts experienced any significant upward movement in rates, according to one top executive.

Only catastrophe-exposed and loss-affected reinsurance contracts experienced any significant upward movement in rates, according to one top executive.

The protection and indemnity market, a broad type marine legal liability coverage, delivered a blockbuster financial performance last year, but poor investment returns and increased claims will spell premium increases for 2012.

The U.S. property and casualty insurance industry saw its net income after taxes fall to just under $8 billion for the first nine months of 2011, compared to net income just over $27 billion for the same period in 2010, according to a report by ISO, the Property Casualty Insurers...