Aspen U.S. Insurance has partnered with Axiom Insurance Management to get into the recreational marine insurance market.

An attempt by federal lawmakers to broaden the definition of disability has created a difficult situation for employers, and insurers are already seeing the result with an increase of employment-practices liability claims related to recent amendments of the Americans with Disabilities Act.

Hurricane Irene appears to have a better chance of cracking a list of the Top 10 most costly U.S. hurricanes after a sizable increase in estimated losses was released from Property Claims Services (PCS).

Starr International Co., run by former American International Group Inc. CEO Maurice Hank Greenberg, has filed a lawsuit against the United States, claiming the government violated the Constitution when it took majority ownership of AIG without compensating the companys shareholders.

When looking at the property and casualty industrys performance for the first nine months of 2011, or even just the third quarter, the news is the same: sharply declining profits and underwriting results compared to the same periods in 2010, according to three recent reports.

An attempt by federal lawmakers to broaden the definition of disability has created a difficult situation for employers, and insurers are already seeing the result with an increase of employment-practices liability claims related to recent amendments of the Americans with Disabilities Act.

ProSight Specialty Insurance has completed its purchase of Lloyds coverholder TSM Agencies Ltd. and has hired the former CEO of Argo Internatinoal to lead the new enterprise.

ProSight Specialty Insurance has completed its purchase of Lloyds coverholder TSM Agencies Ltd. and has hired the former CEO of Argo Internatinoal to lead the new enterprise.