The deepening economic slowdown has middle-market companies reassessing their insurance broker relationships and adopting a more bottom-line approach to securing insurance coverage, a new poll has

Prior to his promotion Mr. Glisson served as president/chief operating officer of Markel Insurance Company, a post he has held since 1996. He has worked at Markel since 1990, first as chief financial

Rates for D&O, property and general liability insurance premiums all decreased at a slower pace than in recent quarters, although insurance premiums for businesses continued a 5-year trend of falling rates during the fourth quarter of 2008, according

Stanford Law School's Securities Class Action Clearinghouse has counted 200 securities class-action lawsuits in 2008, up from 173 in 2007 and 115 in 2006, a rising trend that is blamed on the economy and weighed on insurers. During the first

The idea of resurrecting the New York Insurance Exchange, floated last year by the New York Insurance Department and New York Gov. David Paterson, has not been sunk by the financial meltdown and

In a recent analysis, reinsurance broker Aon Benfield put a best estimate of direct insurance losses from the alleged Ponzi scheme orchestrated by Bernard Madoff at $1.8 billion, citing a range of

The direct insured losses resulting from financier Bernard Madoff's alleged Ponzi scheme are predicted to be between $760 million and $3.8 billion, with the best estimate of $1.8 billion. The maximum potential exposed insurance limits are

Labor and employment lawyers warn of a wave of wrongful-termination suits in the coming months as the jobless burn through their savings, run up debt and find few work prospects. Labor lawyers advising firms in defensible downsizing say that