While the general insurance sector has escaped the global financial crisis relatively intact, remaining obstacles will need to be carefully managed in the coming year, according to a new report by Willis Group Holdings.

Excess and surplus lines insurance executives at a meeting here expressed worries that pending federal legislation for their sector could be a precursor to U.S. regulation for all insurance activity.

The Council of Insurance Agents & Brokers at its annual meeting in Colorado Springs, Colo., elected Wade Reece CIAB chairman for 2010, succeeding Markham McKnight.

Reinsurance broker Willis Re in New York announced it has made a series of chief executive appointments and other management changes as part of a new organizational structure.

New York's top insurance regulator announced that he had formed a special enforcement unit to pursue crimes related to title insurance.

The Senate majority leader and the chairman of the Senate Judiciary Committee today urged support for legislation that would repeal the antitrust exemption provided health insurers through the McCarran-Ferguson Act.

Treasury officials could have avoided the explosive controversy over American International Group bonuses if they had carefully examined the company's compensation system, government investigators reported.

If a reform bill strips them of their ability to underwrite medical risks, what value do health insurers add to the equation besides costs, asks NU Editor In Chief Sam Friedman in his blog today at www.NUSamSoapBox.com.