E&S/Specialty

The long-anticipated flood of FDIC lawsuits against directors and officers of failed banks has started, according to experts who explained the delay and the coverage issues during two recent seminars.

U.S.-based multinational companies will likely benefit from an ongoing soft insurance market, as competition for a range of coverages for these companies is expected to continue through 2011, Marsh said in a recent report.

Despite significant natural catastrophes in 2010, the mining market is enjoying the same soft market insurance conditions that many other industries are experiencing, according to insurance broker Willis.

Brown & Brown, Inc. said its fourth quarter net income increased 36 percent over the prior year despite organic growth in commission and fees dropping 3 percent during the same period.

Do Side A D&O policies add value at a time when terms of standard “ABC” policies are getting broader? Mark Paccione of Everest Specialty Underwriters argues that they do, and explains the benefits.

CSST failures are annually responsible for millions of dollars in property damage across the United States, but most homeowners have little knowledge of the hidden dangers of the combination of this flexible tubing system and indirect lightning strikes.