News

Policyholders suing American International Group (AIG) over allegedly excessive workers' compensation rates can continue to do so, the Supreme Court of South Carolina has ruled.

The State of Vermont's captive insurance sector reported a strong first half of 2010, licensing 17 new captive insurance companies and surpassing 2009 half-year numbers as the state nears its 900-license milestone, officials said.

While property and casualty premium growth is expected for 2010, it will likely lag real gross domestic product growth rate as commercial lines pricing continues to show softness, according to a new Conning Research & Consulting analysis.

Louisiana insurers that choose to remove policies from the state's last-resort insurer will now have their pick of policies rather than having to take them in a bundle, according to recent legislation.

We recently launched its Facebook business fan page. As part of our launch, we're letting the lid off our exclusive interview with Darryl Willis, claim manager for BP.

The wholesale brokerage unit of Ryan Specialty Group LLC has acquired risk management consulting and insurance brokerage Chartwell Independent Insurance Brokers LLC.