Agency Management

As the transportation insurance segment goes, so goes the rest of the casualty market, according to those who write the business.

Less than a month after Max Capital and IPC Re announced their boards had approved a merger deal, Validus Holdings presented the IPC board with a second offer to merge with the property-catastrophe reinsurer valued at $1.68 billion.

While insurance brokers say they are starting to detect signs of firming in the commercial insurance marketplace, buyers on average are still seeing premium rates decline.

National Underwriter is seeking entries for its third annual "Award For Excellence In Workers' Compensation Risk Management," sponsored by the National Council on Compensation Insurance.

Former American International Group Chief Executive Officer Maurice Greenberg arrived on Capitol Hill last week to tell a House panel how the government should fix AIG, but heard a congressman call him the wrong witness because of his own legal problems.

In case you haven't heard, we've relaunched the NU Web site under a new URL--www.Property-Casualty.com--complete with enhanced, multimedia options designed to give readers more opportunities to access our content and offer feedback.