E&S/Specialty

Strategic Risk Solutions (SRS) said it is expanding into Hawaii with the hiring of Judy Nako, former acting deputy commissioner and captive insurance administrator for the state.

Crop insurance carriers and independent agents say the U.S. Agriculture Department's latest proposed cuts in subsidies in the program as well as a "soft cap" on agents' commissions are both unwarranted and hurtful.

Legislation repealing the antitrust exemption afforded health insurers through the McCarran-Ferguson Act, but keeping the shield intact for medical malpractice carriers, was approved overwhelmingly last week by the U.S. House of Representatives.

Carriers and brokers selling Side-A D&O liability insurance coverage by delivering warnings about the increasing severity of shareholder derivative lawsuits may be overstating the trend, according to one attorney involved in a major case.

With high-profile cases such as ChoicePoint and TJX acting as a lure, plaintiffs' attorneys are increasingly interested in generating class-action lawsuits for data security breaches.

Professional liability brokers repeatedly receive requests from policyholders to add the buyer's clients onto errors and omissions policies as additional insureds.