Conning Asset Management, a subsidiary of Swiss Re, has been chosen to manage a post-2012 carbon credit fund.

Standard & Poor's Ratings Services lowered its ratings on six natural peril catastrophe bonds, issued in 2007 and 2008, to reflect the adjusted probability of attachment after the rating agency updated its criteria for rating these bonds.

In light of the unfavorable wind shear environment across the tropical Atlantic, WSI slightly reduced its projections for the 2009 hurricane season, now calling for a total of ten storms.

A Florida appeals court affirmed an administrative judge's ruling that allows the state's Insurance Commissioner Kevin McCarty to deny a homeowners insurance rate increase to State Farm.

The National Risk Retention Association is joining an industry chorus in opposing a provision in proposed health care reform legislation the industry fears could roll back the uniformity it gained through a 1986 law.

Vendor M&A: Now You See Them, Now You Don't

The board of IPC Holdings Ltd. has finally agreed to a merger proposal from Validus Holdings Ltd. after spurning an initial offer and multiple court battles with its corporate suitor.

Property and casualty insurance pricing remained soft through midyear, with rate declines moderating at a slow but steady pace, MarketScout's monthly "Barometer" survey found.