E&S/Specialty

Insurers could be caught up in a fresh regulatory backlash triggered by banking scandals such as the Libor rate-rigging affair, the head of the Lloyd's of London insurance market said.

A high-profile law group has jumped into a fight against the alleged mislabeling of products by food manufacturersa move that has the insurance industry on its toes.

The rare weather event of tornadoes touching down in New York City produced no significant insurance losses, according to industry experts.

The Florida Office of Insurance Regulation says it approved four domestic insurers to remove 150,000 policies from the states bloated last-resort insurer.

The Florida Office of Insurance Regulation says it approved four domestic insurers to remove 150,000 policies from the states bloated last-resort insurer.

The difference in insurance penetration between the developed and developing world was fully illustrated in August, as the first hurricane striking the U.S. Gulf Coast since 2008 is expected to cost insurers more than two major typhoons that struck China, according to a report from Aon Benfield.