The private market does not have the capacity to provide reinsurance for terrorism risk to the extent currently provided by the Terrorism Risk Insurance Act, according to a special presidential report issued today.

Aspen Insurance Holdings Ltd. adopted a so-called poison pill to discourage a hostile takeover after rebuffing a $3.2 billion buyout offer from Endurance Specialty Holdings Ltd. Aspen declined the most since February in New York trading.

Democrats are exploring a new attack line against the Koch brothers and Republican allies, telling voters the billionaire energy executives want to let home flood insurance premiums soar to help corporate America.

News from Brightway Insurance, USI, Ironshore, Dovetail Insurance, The Council of Insurance Agents & Brokers and more

The convergence of social, mobile, the cloud and information continues to drive change and create opportunities, according to a recent Gartner report.

South Koreas government said 284 people are missing after a ferry carrying hundreds of high school students sank en route to the resort island of Jeju, in what may be the nations worst ferry accident in two decades.

Bond insurer Financial Guarantee Insurance Co said it had reached an agreement with Bank of America Corp to settle litigation related to nine second-lien residential mortgage-backed securitizations FGIC had insured.

Zurich and the Atlantic Council release report detailing risk of interdependencies and cascading cyber shocks.