E&S/Specialty

The recent problems surrounding Chinese drywall have been compared to everything from a silent hurricane to the next asbestos. But how do the costs really compare to a hurricane?

While the struggling economy has left its mark on virtually every line of property and casualty insurance, the collector car niche remains stable and is even growing.

In addition to the near-bankruptcy of American International Group, 2008 will stand out as a year when turmoil in global financial markets cut the property and casualty insurance industry's investment gains in half.

Proposed legislation to create a U.S. Consumer Financial Protection Agency should be revised to eliminate mortgage, title and credit insurance, a coalition of insurance trade groups has written Congress.

Can CEOs be sued by laid-off employees for damages under "executive malpractice"--a novel legal doctrine raised in a recent episode of "Eli Stone," wonders NU Editor Sam Friedman in his blog today at www.NUSamSoapBox.com.

AssuranceAmerica Corp. said it has named John M. Mongelli as its new chief financial officer and senior vice president of finance.