Yet nothing could be farther from the truth, according to representatives of three E&S carriers, who each said that contracting with just over 100 general agencies is a key part of their business

PHILADELPHIA--A former Florida state senator predicted at an insurance conference here that if devastating losses deplete the Florida Hurricane Catastrophe Fund, the federal government will step in to

Top 10 edge closer to 50 percent of market, but some took smaller

"It is a very hot topic," said Steve Shappell, managing director of Aon Financial Service Group claim practice, Denver, Colo., referring to the insurability of settlements of securities lawsuits that

Chubb rejoins fight to 'level playing field' for U.S.-based property-casualty

Two Bermuda executives said yesterday their companies wouldn't be greatly impacted by a change in U.S. tax laws that Chubb insurance said it will fight for to eliminate an advantage held by Bermuda co

The goal was a level playing field with carriers who avoid U.S. taxes by transacting insurance business on shore, and then cede all or most of the premiums to "affiliates in tax-haven jurisdictions,"

Homebuilders in California, who became frequent targets of construction defect lawsuits a decade ago, have seen the litigation pendulum swing back in their favor more recently, an insurance market