Risk Management

Federal agencies are advising homeowners that "problem drywall," which has sparked thousands of claims, should be replaced along with other components the drywall may have corroded.

European insurance regulators are making progress in developing an approach to determine whether European and U.S. regulatory systems are equivalent, according to officials of the American Insurance Association.

The Maryland legislature has rejected legislation that would have imposed an outright ban on the use of credit information in rating automobile insurance.

Standard & Poor's has upgraded AIG's long-term counterparty credit rating and raised its stand-alone credit profile five notches to reflect the federal government's financial support for the company.

Erinn E. Collinsworth has joined American Professional Liability Underwriters, Inc. (AmPro) as a broker specializing in architects and engineers liability.

When people think about surplus lines, oftentimes they think about commercial property insurance. In Florida, commercial property makes up about 50 percent of the business written through surplus lines.

The business of insurance always has been competitive.

Like other niche markets, the public entity marketplace is not immune to the challenges facing the insurance industry today. Although our industry is hopeful that conditions gradually improve, the hard fact remains that it's still a soft market.