Company directors do not realize the full threat of their cyber-liability exposure, and they must be more aware of the legal hazards they face or risk litigation from investors and regulators, says an insurance broker.

The U.S. reinsurance industry was hit hard by catastrophes in 2011, producing a combined ratio of well over 100, according to one survey of U.S. reinsurance property and casualty underwriters.

Shareholders approved, by an overwhelming majority, insurance broker Aons plan to move its company headquarters from Chicago to London.

Evidence of a market turn continues to mount, as a survey of commercial-lines executives shows rates rose 3 percent in 2011s fourth quarterand recent analysis contends that rates could climb by as much as 10 percent over this year.

Troubled bond insurer Ambac Financial Group Inc. says a federal-bankruptcy judge granted approval late yesterday for its plan to reorganize the company.

Close to four years after the New York Department of Insurance proposed its disclosure rule for producer compensation, a risk-management association and an independent-agents group remain at odds over the implications of Regulation 194, issuing dueling statements over its impact.

Close to four years after the New York Department of Insurance proposed its disclosure rule for producer compensation, a risk-management association and an independent-agents group remain at odds over the implications of Regulation 194, issuing dueling statements over its impact.

Sea levels are rising at such a rate that, by 2050, coastal flooding will far exceed four feet above the local high-tide line, according to a research report released today.