While the recent Government Accountability Office (GAO) report on risk-retention groups (RRGs) recommends that Congress pass legislation clarifying certain provisions of the Liability Risk Retention Act (LRRA), it doesnt go far enough, according to one industry expert.

Aon says it plans to move its corporate headquarters to London to be closer to the Lloyds market, but the move will not result in the loss of any jobs in the Chicago area.

The reinsurance industry this past year weathered near-record catastrophe losses, catastrophe-model changes and the pressures of a challenging macroeconomic environmentbut unlike 2005, reinsurers were prepared in 2011, according to a report by Guy Carpenter.

This couple may have honored their wedding vows but not the laws of the living. Authorities allege insurance fraud, misconduct with burial policies.

The president of the National Association of Mutual Insurance Companies says the Volcker rule contains ambiguities that could potentially inappropriately impact property and casualty insurers that have banks or thrifts.

The president of the National Association of Mutual Insurance Companies says the Volcker rule contains ambiguities that could potentially inappropriately impact property and casualty insurers that have banks or thrifts.

Swiss Re today announces that Michel M. Lis, currently chairman global partnerships, has been appointed by the board of directors as the companys new group chief executive officer as of Feb. 1.

Progressive Corp. reports a 14 percent decrease in 2011 fourth-quarter net income and a 32 percent drop in December, compared to the same periods the year prior.