Due in part to their heavier weight compared to their standard counterparts, hybrids have a safety edge over their conventional twins when it comes to crashes, according to the Highway Loss Data Institute, an affiliate of the Insurance Institute for Highway Safety.

The casualty-insurance market, while still soft, appears to be at the bottom of the pricing cycle, and on the property side, insurers continue to transition away from soft-market conditions, driven by catastrophe-loss increases, according to insurance broker Lockton.

The casualty-insurance market, while still soft, appears to be at the bottom of the pricing cycle, and on the property side, insurers continue to transition away from soft-market conditions, driven by catastrophe-loss increases, according to insurance broker Lockton.

A model law passed by the National Association of Insurance Commissioners that, if adopted by states, would allow foreign reinsurers in qualified jurisdictions to post reduced collateral benefits those foreign reinsurers but is credit-negative for U.S. insurers that buy reinsurance, according to Moodys Investors Service.

A model law passed by the National Association of Insurance Commissioners that, if adopted by states, would allow foreign reinsurers in qualified jurisdictions to post reduced collateral benefits those foreign reinsurers but is credit-negative for U.S. insurers that buy reinsurance, according to Moodys Investors Service.

The insurance industry lost 7,400 jobs from August to September, following a trend of declining employment during this period that goes back to 2001.

The insurance industry lost 7,400 jobs from August to September, following a trend of declining employment during this period that goes back to 2001.

The sparring between Transatlantic Holdings and Validus Holdings over the latters bid to acquire the former continues with Validus criticizing an investor presentation by Transatlantics board explaining why shareholders should reject Validus latest offer.