E&S/Specialty

Commercial prices continued to fall in the first-quarter of 2011, according to a pricing index based on reports from risk managers, but overall pricing remains 15 percent higher than levels recorded at year-end 2000.

While convincing collectors that they need to insure their art can be a challenge, those who crack the coverage code can find they’ve gained access to extremely desirable clients.

Validus Holdings has swooped in on Allied World Assurance to make a $3.5 billion bid to buy Transatlantic Holdings.

The U.S. House has passed legislation to reauthorize the National Flood Insurance Program until Sept. 30, 2016.

Argo Group International Holdings Ltd. says its preliminary pre-tax loss estimate for second-quarter U.S. storms is between $30 million and $35 million, net of reinsurance and reinstatement premiums.

Selective Insurance Group Inc., through its subsidiaries, has purchased the renewal rights for commercial-lines excess and surplus policies written under contract binding authority by subsidiaries of Alterra Capital Holdings Limited.