Most program business insurers believe gross premiums for the segment total at least $20 billion, but a growing number now have doubts they are doing that much volume, a survey reported.

Florida Insurance Commissioner Kevin McCarty announced he will approve an average statewide decrease of 6.8 percent for workers' compensation insurance rates.

Property and casualty insurers' current investment portfolios are well positioned to deal with continued investment market volatility, according to the latest analysis from Moody's Investors Service.

State regulators, possibly within days, will approve the hiring of a firm to reassess the evaluations of 17,600 residential mortgage-backed securities downgraded by the major credit rating firms, an official said.

In legislation spurred by the near-collapse of American International Group, the House Financial Services Committee approved a bill today to significantly increase federal regulation of the credit default swaps trading.

Lawyers for U.S. corporations are expecting a surge in lawsuits, driven in part by the economy, a poll of 408 corporate attorneys has found.

In response to an NU news article, a spokesman for Maurice Greenberg sent a letter, offering an explanation of how AIG's ERM system might have gone awry after he left. To read the full letter, go to Editor Sam Friedman's blog at www.NUSamSoapBox.com.

The Risk and Insurance Management Society Inc. released a report calling for complete transparency and full disclosure of all broker revenue from insurance placements and services.