Agency Management

A consumer group representative and a law professor told a Senate panel that they think the federal government should help regulate the insurance industry.

The gap between attractive prices being charged by incumbent directors and officers liability insurance carriers and higher premiums that have been charged by competitors in recent quarters has started to narrow, according to a broker executive.

Putting a new label on CNA's excess-and-surplus lines business is just one small step in a building process being led by industry veteran John Angerami, the new head of CNA Select Risk.

The fact that health care bills in the House don't implement the most controversial reforms until 2013 should undermine arguments that coverage mandates will derail our economic recovery, says NU Editor Sam Friedman in his blog at www.NUSamSoapBox.com.

It was quite impressive to see over 1,000 agents march on Capitol Hill this month to make sure Congress doesn't take their role for granted in the helter-skelter debate to reshape the health insurance system.

A weather forecaster is warning Southeast and Gulf Coast residents to be alert next month for quick-forming tropical storms that could materialize with little warning as summer temperatures rise.

The American International Group's property and casualty business further distanced itself from the parent corporation with a name change to Chartis and the creation of a special purpose vehicle.

Catastrophe bond issuances are down in the first half of 2009 compared to the same time period in 2008, but second-quarter activity represents a rally from an economy-driven slump, a new Guy Carpenter report said.