Legislation designed to close a tax loophole that benefits property and casualty insurers based offshore has been reintroduced in the House and Senate.

Legislation designed to close a tax loophole that benefits property and casualty insurers based offshore has been reintroduced in the House and Senate.

Holding interest rates low to foster growth is no panacea. One resultant issue is depressed insurer investments, which puts a strain on P&C.

While property and casualty pricing seems to be flattening and even improving in some lines, excess and surplus-lines professionals say they are hesitant to declare a market turn due in part to the ongoing heavy presence of standard-lines carriers in traditional E&S business

While property and casualty pricing seems to be flattening and even improving in some lines, excess and surplus-lines professionals say they are hesitant to declare a market turn due in part to the ongoing heavy presence of standard-lines carriers in traditional E&S business

Allstate Insurance Co. says it has filed its 32nd fraud suit in the state of New York, this time seeking $4.5 million from more than 20 medical professionals

Hub International announced the completion of three acquisitions so far this month, leading other insurance brokers in a busy few weeks of merger-and-acquisition activity.

A two-day underwater examination conducted by Transocean and the U.S. Coast Guard (USCG) Oct. 4-5 confirmed that there are no hydrocarbons leaking from the sunken Deepwater Horizon or the riserthe pipe linking the rig to the well head prior to the Macondo accident last year.