Responding to a rival bid for Bermuda-based property-catastrophe reinsurance specialist IPC Holdings from Validus Holdings yesterday, Max Capital said its lower-priced merger deal would create a company with better diversification.

Three pension funds are asking the government trustees overseeing the U.S. loan to American International Group to withhold their support for one of the AIG board members who served on the company's compensation committee.

A weather researcher has clarified his position on the possible impact of a hurricane on the New York City vicinity.

NU Editor In Chief Sam Friedman gives readers a tour of National Underwriter's new home page with many interactive features allowing readers to share content and offer their own views, at www.NUSamSoapbox.com.

NU Assistant Managing Editor Caroline McDonald looks at enterprise risk management strategies used by the U.S. Department of Defense and asks whether these methods could be viable in corporate America.

New York-based Insight Catastrophe Group, an insurance portfolio manager and risk advisor, announced the appointment today of Daniel Brooks Clark as senior vice president and chief underwriting officer of Coastal Risk Underwriters, LLC.

The chairmen of key Senate and House committees promised President Obama they will work together to have legislation on his desk by year's end creating a "new, more robust regulatory framework" for financial services firms.

With version 15, the LifePRO application is developed in Fujitsu NetCOBOL for .NET and the Microsoft .NET framework. The .NET framework offers interoperability and ease of integration with other