For large-property risks, excess and surplus lines insurers can probably expect to make a bit less money this year compared to last, as competition heats up and carriers begin to seek more volume at

Larry the polar bear must have mixed feelings toward the insurance industry, given its uneven support of efforts to control global warming. Pictured here once again, Larry has graced the pages of

His comments came during a recent panel discussion in Las Vegas on "Examining Best Practices and Industry Trends," held during the 11th annual ACE (America's Claims Event) meeting, sponsored by The

The softening commercial insurance market has spread into the large-property sector, according to wholesale brokers, forcing them to work harder to close deals, although independent agents expressed

Insurer's investment portfolios will suffer minimal repercussions from the sub-prime mortgage meltdown, but resulting legal actions will probably cause professional liability claims, rating agency exe

"If a natural disaster were to occur, the CEO and the board are now held accountable," said John Merkovsky, Marsh global leader for Risk Consulting, during a conference call today. "It is no longer ac

AIG said it will begin marketing its directors and officers, errors and omissions, employment practices, fiduciary (PTL) and fidelity liability insurance and services under the new AIG Executive Liabi

Willis said that in recent years the demand for risk management services by states, cities, counties, political subdivisions, religious organizations and other nonprofit organizations has grown dramat