E&S/Specialty

Despite the economic crisis, insurance buyers can expect flat rates overall into the fourth quarter, according to the latest poll of risk managers.

Wildfires, hurricanes, identity theft and floods. In most cases, these things just happen and can't be predicted. Disasters can strike anyone at any time.

The American Association of Managing General Agents is gearing up for its annual meeting in Boca Raton, Fla., next month, drawing its members to the gathering with the promise of networking opportunities.

N.Y. Insurance Superintendent Eric Dinallo has begun an inquiry into whether Allstate Corporation engaged in illegal participation in unregulated insurance markets, after the insurer's CEO wrote an opinion piece calling for federal regulation.

Since desperate times often prompt desperate measures, companies should be on the lookout for a spike in criminal acts by employees fearful of losing their jobs in a worsening economy, risk managers were warned here last week.

The insurance industry will need to improve risk management, technology and cost-cutting strategies to survive the "deepest financial crisis and recession in two generations," a consulting firm is advising.