Willis launched a public awareness campaign at the nation's largest gathering of commercial insurance buyers, aiming to educate risk managers about conflicts of interest inherent in contingent commissions.

Commercial insurers will not likely have to pay business interruption or aviation claims stemming from the Iceland volcano eruption, but travel insurance claims for individuals could be paid under certain circumstances.

There's no clear answer as to whether fraud litigation brought against Goldman Sachs by the U.S. Securities and Exchange Commission will fuel a new wave of credit crisis lawsuits.

Property and casualty insurance rates won't begin to significantly firm up before 2011, according to the most recent industry forecast from Conning Research & Consulting...

The U.S. property and casualty industry was a lot more profitable last year despite a shrinking pie of insurable exposures and a persistently soft commercial market...

State legislators and regulators are sparring with large insurance companies over whether Congress should create an office within the Treasury Department to monitor insurance activities.

Not only have most risk management departments been spared layoffs, but the overwhelming majority of risk managers are happy in their jobs, an NU/Logic survey found. For a sneak peak, see Editor Sam Friedman's blog at www.NUSamSoapBox.com.

Zurich Financial Services Group in Zurich, Switzerland, said based on preliminary estimates its loss from the Chile earthquake will be $200 million.