Prescription opioids are a major reason for the skyrocketing cost of workers compensation insurance, as evidence points to harmful consequences from the long-term use of the medication, says a report from insurance broker Lockton.

Two Florida companies have been approved to remove an additional 60,000 policies from the states residual insurer, according to the Office of Insurance Regulation.

As the reinsurance industry finds itself changing to meet the growing demand for cedents expanding appetite for risk, a study questions whether current underwriting practices could one day expose reinsurers to a financial debacle.

A new earthquake and hurricane catastrophe bond being marketed by the Mexican government is likely to be well received by investors eager for higher yields than stocks and bonds offer.

A new earthquake and hurricane catastrophe bond being marketed by the Mexican government is likely to be well received by investors eager for higher yields than stocks and bonds offer.

The excess and surplus lines market may be seeing some positive rate movement, but a lack of supply or capacity isnt the reason.

A U.S. appeals court has reversed itself and found that the Army Corps of Engineers cannot be held liable in property owners' lawsuits over flood damage during Hurricane Katrina.

A U.S. appeals court has reversed itself and found that the Army Corps of Engineers cannot be held liable in property owners' lawsuits over flood damage during Hurricane Katrina.