Despite its reputation for risk aversion, insurance organizations are engaging in more technology innovation than the industry is given credit for, a report from the consulting firm Celent said.

The latest government study on Chinese drywall has revealed a "strong association" between the drywall and corrosion in homes that may physically irritate their inhabitants.

With the end of the hurricane season arriving today, Swiss Re released its initial estimate for losses during 2009, estimating that catastrophe losses plunged 52 percent, thanks to a very mild hurricane season.

Nineteen U. S. property-casualty reinsurers wrote $18.7 billion of net premiums during the nine-months ended Sept. 30, 2009, compared to $19 billion for the same period in 2008, down less than 2 percent, according to the RAA.

Starr International Insurance Asia Ltd. said it has received authorization from the Office of the Insurance Commissioner (Insurance Authority) in Hong Kong to provide several classes of general insurance products in or from the Hong Kong region.

The National Conference of Insurance Legislators unanimously approved an act mandating workers' compensation coverage in the construction industry and establishing penalties for those who try to game the system.

A bill introduced in the U.S. House of Representatives would prohibit carriers from canceling or non-renewing homeowners insurance policies with houses containing Chinese drywall.

Even though debate on a national health care reform bill in the U.S. Senate is grabbing all the headlines, federal legislation that would radically alter how insurers are regulated remains on the front burner in Congress.