Three Bermuda-based insurers have chimed in with loss estimates related to flooding in Thailand, adding perspective to what market experts call a $10 billion-plus loss event.

Michael T. McRaith, director of the Federal Insurance Office, said he is aware of anxiety that his office will be asking for duplicate data, bogging the insurance industry down in paperwork for what has been perceived as, potentially, an additional regulatory authority.

Michael T. McRaith, director of the Federal Insurance Office, said he is aware of anxiety that his office will be asking for duplicate data, bogging the insurance industry down in paperwork for what has been perceived as, potentially, an additional regulatory authority.

Scott R. Wallace, president and chief executive officer of Florida Citizens Property Insurance Corp., has abruptly resigned for personal reasons.

Scott R. Wallace, president and chief executive officer of Florida Citizens Property Insurance Corp., has abruptly resigned for personal reasons.

Only catastrophe-exposed and loss-affected reinsurance contracts experienced any significant upward movement in rates at the Jan. 1 renewals, according to one top executive.

The shift from single or small groups of physicians practice to multispecialty and multistate physician networks and hospitals will likely drive a change in the Medical Professional Liability (MPL) insurance sector, according to Moodys Investors Service.

Louisiana Citizens Property Insurance Corp. does not think the state Supreme Court addressed all of the issues it should have before reinstating what now is a judgment of more than $100 million for policyholders.