The revelations surrounding Tiger Woods' infidelities have helped one broker promote a new coverage aimed at organizations that built their branding campaigns around a celebrity whose reputation becomes tainted.

The property and casualty insurance industry's consolidated net income through the first three quarters of 2009 improved dramatically, although association leaders warn there remain plenty of reasons for concern.

Global natural catastrophe losses for 2009 are estimated to have cost insurers more than $20 billion, according to assessments from two insurance industry participants.

Specialty insurer Markel Corp. said that its president and chief operating officer, Paul W. Springman, will resign his position to pursue other interests.

Aon's founder and former chief executive is embarking on a new insurance venture with the launch of a brokerage firm specializing in errors and omissions coverage for niche risks.

The revelations surrounding Tiger Woods' infidelities has helped one insurance broker promote a new insurance product aimed at corporations that place a major portion of their branding campaign behind a celebrity figure.

The P&C insurance industry's consolidated net income through the first three-quarters of 2009 improved dramatically--a 272 percent turnaround compared to the same period last year--although experts said there are plenty of signs for caution ahead.

The early December cold snap in Washington state was among one of the most severe that state has suffered in the past 25 years in terms of insurance losses, according to Seattle-based insurer PEMCO