The airline insurance market is in line for another $2 billion-plus in claims in 2010, the third time in four years, according to an insurance broker’s report.

President Obama's executive order today to streamline federal agency regulations could have the effect of promoting greater regulatory efficiency for the insurance industry, an executive with an insurance association said.

Global interconnection has increased vulnerability to risks around the world, and insurer involvement will be critical in finding answers for the uncertain and volatile future, according to an official with the World Economic Forum.

Two major East Coast insurance brokers said they have acquired West Coast insurance brokerage firms while an Ohio-based firm expects to expand in Cincinnati with its deal.

Insurance industry representatives presented a unified front in opposition to the New York City Fire Department’s plan to impose an accident tax on motorists.

Property and casualty insurers have seen a shift in earnings over the past eight years, becoming profitable after years of poor returns, something a consulting firm said is a major and permanent shift for the industry.

November’s employment numbers were mixed for the insurance industry, with an overall slight increase of less than 0.1 percent as the agent and broker workforce returned to January 2010 levels, according to the Insurance Information Institute.

A New York state appeals court threw out a suit brought by a number of banks against bond insurer MBIA over the company’s plan to split its mortgage-backed securities exposure into a separate company.