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If trying to "get his life back" means attending a yacht race, BP's CEO needs a lesson in reality, Caroline McDonald observes in her blog. Find out more and weigh in on the topic at www.NoRiskZone.com.

In the first jury trial of a case involving Chinese drywall, a Miami-area couple was awarded nearly $2.5 million.

Independent agencies have until July 1 to hand in their entries for the 2010 Commercial Insurance Agency of the Year Award program, run by National Underwriter and American Agent & Broker.

The National Hurricane Center reported the first hurricane of the 2010 season over the weekend, making it the season's third named storm so far.

Global reinsurers and their bondholders are poised to benefit as more U.S. jurisdictions look to follow Florida's lead on easing global reinsurers' collateral requirements, according to a Moody's Investors Services analysis.

Walmart may be the most frequent defendant named in wage-and-hour lawsuits, but insurers and pharmaceutical companies are also caught up in a maze of rules they did not know applied to certain subsets of their workforce, experts said.