Although this year's tornado season has begun slowly, weather experts suggest that winters comparable to 2009-2010 have typically produced an above average number of tornadoes the following spring, an industry group warned.

Lloyd's underwriters and Arch Specialty Insurance must pay legal defense costs for accused Texas Ponzi scheme operator R. Allen Stanford, a federal appeals court has ruled.

While some insurers are taking action to cope with climate change, there is a public perception that the industry is an obstacle to dealing with the issue, insurance professionals said.

Sen. Chris Dodd, Conn., chairman of the Senate Banking Committee, announced that the committee will start work Monday on financial services legislation that would impose federal regulation on large insurers.

While St. Patrick's Day parades and other festivities are entertaining for onlookers, public risk managers need to look at reducing exposures and preventing losses.

A provision in financial services reform legislation to be introduced in the Senate this week is running into heavy fire from various industry groups, including state legislators.

Starr Indemnity & Liability Company Inc. and Chubb & Son said they have an agreement for Chubb to provide workers' compensation coverage for Starr Indemnity's construction, energy and environmental customers.

CARSTAR Collision Centers' inaugural CARSTAR'D Awards cites notable celebrity dings, dents, and crashes in 2009.