Markets

Executives of W.R. Berkley said they would not hesitate to write coverage again for the operator of the oil rig that exploded in the Gulf last month, adding that increased prices and insurance requirements for operators could provide opportunities.

Thomas Kunkel, of Travelers Companies, Inc., was named chairman of the Surety & Fidelity Association of America.

Endurance Specialty Holdings Ltd. announced that Michael Fujii, the chief executive officer of its worldwide insurance operations, is retiring.

A survey of statutory underwriting results of 19 U.S. property and casualty reinsurers found that net premiums were down 9.4 percent with the combined ratio increasing by 6.7 points.

Despite the urgings of Florida Insurance Commissioner Kevin McCarty and others, Gov. Charlie Crist has vetoed the omnibus property insurance bill passed at the close of the 2010 legislative session.

Despite the urgings of Florida Insurance Commissioner Kevin McCarty and others, Gov. Charlie Crist has vetoed the state's omnibus property insurance bill passed at the close of the 2010 legislative session.

Guy Carpenter had some good reinsurance news for Florida today.

Reinsurance pricing at the June 1, Florida renewals declined by 10 to 12 percent on average compared to last year, reflecting a return of significant reinsurer capital into the marketplace, according to Carpenter & Company, LLC.