E&S/Specialty

British insurer Lancashire said it expected to return cash to shareholders this year as it reported a 33 percent drop in its quarterly profit, blaming bigger payouts related to the Costa Concordia shipwreck and dwindling investment returns.

Property and casualty insurers are facing catastrophe losses that are at an historic high, which is impeding profitability and growth, but capital levels remain healthy the Financial Stability Oversight Council says in a new report.

Property and casualty insurers are facing catastrophe losses that are at an historic high, which is impeding profitability and growth, but capital levels remain healthy the Financial Stability Oversight Council says in a new report.

The pace at which investors bringing U.S. securities fraud cases are actually recovering money in settlements has fallen to the lowest since laws governing class-action litigation were overhauled in the mid-1990s.

Medical Malpractice insurers are struggling against a dwindling client base, a soft market, burgeoning jury awards and new federal health-care regulations as they try to retain current business and attract new clients.

Following the heavy catastrophe year of 2011, it is not surprising that the levels of second-quarter catastrophe losses taken by insurers look to be much less despite what has been called the third-costliest spring thunderstorm season in U.S. history.