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The Terrorism Risk Insurance Act would be reauthorized in its present form but with much greater industry liability for five years under legislation to be unveiled today by House FSC Republicans, a compromise from an earlier draft calling for a three-year extension.

Berkshire Hathaway Inc.s specialty insurance business said its latest push is into backing construction projects. Geoff Delisio, 47, was hired from Zurich Insurance Group AG as a senior vice president for surety, Berkshire Hathaway Specialty Insurance said in a statement.

The top 5 writers in Homeowners' Multiperil, Private Passenger Auto, Workers' Comp, Commercial Multiperil, Commercial Auto and Inland Marine.

Chinese insurance company Ancheng Insurance is offering World Cup "disappointment" insurance policies to soccer fans who want to protect themselves against the agony of elimination from the tournament, says The Telegraph.

News from Insurance Global Operations, Accenture, Guidewire, OneShield Inc. and more

Swiss Re Ltd., the worlds second- biggest reinsurer, agreed to buy the U.K. pensions business of HSBC Holdings Plc for an undisclosed sum.