Some of the most challenging risks in the event cancellation business are aging performers--whether they're rock-and-roll stars or operatic tenors, according to one managing general agent who specializes in placing contingency insurance for concerts.

First-half 2009 financial results for p&c insurers and reinsurers in Bermuda saw two of the smallest players "moving on" after failing to bulk up with a second-quarter acquisition and demonstrating stronger premium growth than their Bermuda counterparts.

Operators of oil rigs in the Gulf of Mexico may have breathed a big sigh of relief as they eyed the easterly track of Hurricane Bill recently because many drastically shrank their hurricane coverage programs, insurance executives reported late last month.

Gulf of Mexico oil rig operators ducked a bullet when Hurricane Bill tracked away to the east because many have drastically shrunk or cut hurricane coverage, insurance executives said.

Recent entrants into the umbrella liability insurance market have two common strategies in their business plans

While the umbrella liability and excess casualty markets are attracting new players, along with past participants who swore off the segment years ago

The gap between attractive prices being charged by incumbent directors and officers liability insurance carriers and higher premiums that have been charged by competitors in recent quarters has started to narrow.

The gap between attractive prices being charged by incumbent directors and officers liability insurance carriers and higher premiums that have been charged by competitors in recent quarters has started to narrow, according to a broker executive.