Claims Magazine is twittering every day about breaking news and timely topics -- not to mention keeping readers up to date on what's being posted on claimsmag.com.

Validus Holdings $1.6 billion acquisition of IPCRe Holdings--completed Friday after a bitter takeover battle--drew different reactions from three rating agencies.

The drop in insurance prices shows signs of reversal as the directors and officers liability line for the first time in almost three years did not show a downward trend, an online insurance exchange said.

The House passed legislation to reform and streamline regulations for nonadmitted commercial surplus lines insurers and reinsurers.

Health insurance reform legislation drafted for the Senate Finance Committee would create a network of nonprofit cooperatives as an alternative provider for the coverage, according to an outline obtained by National Underwriter.

Reinsurers at the annual Reinsurance Rendez-Vous de Septembre meeting are finding rating agencies have a divided opinion of how their industry is faring.

Kansas City, Mo.-based insurance broker Lockton said it has opened a second office in Brazil, in Rio de Janeiro, that will expand its energy and reinsurance capabilities in South America.

American International Group as a result of ongoing settlement negotiations has now paid $85.6 million related to its workers' compensation coverage for Boston's Central Artery Tunnel (CA/T) "Big Dig" project, it was announced.