A cargo ship now moving off the northwest coast of Scotland is believed to be carrying Russian weaponry to Syria, according to an insurer which says it has withdrawn coverage for the vessel.

Claims professionals performance as a whole is improving, and the greater focus on claims service in recent years comes just in time to address new and emerging risks that will challenge the insurance industry over the next decade, according to the chief executive of Willis Group Holdings.

To realize subrogation potential, it is crucial to prove the cause of loss and understand the recoverable measure of damages.

To realize subrogation potential, it is crucial to prove the cause of loss and understand the recoverable measure of damages.

Despite all the catastrophes of 2011, the year as a whole was income-statement-drivenan earnings eventrather than a capital-and-surplus event.

The insurance industry is expected to see its strongest growth since 2004, according to one industry economistbut he adds that the good news is moderated by consistent large underwriting losses.

Opinions still vary as to whether pricing increases are uniform across all lines and whether these increases are enough to declare that a hard market has arrived. But more executives and industry observers appear willing to lean in that direction now compared to comments made after Q4 2011 results were...

New York City could soon be home to the worlds longest aquariumhoused in its subway system.