News

There won't be significant premium growth until this moribund economy gets going again, but should government print more money to make that happen, wonders NU Editor Sam Friedman in his blog at www.NUSamSoapBox.com.

With tornadoes last week in the Midwest and fires in Arizona this week, 2010 is shaping up to be a busy year disaster wise for insurers, with one incident already getting a catastrophe designation.

A group comprised of members from the insurance industry, environmental organizations and consumer advocates has written lawmakers urging them to oppose the Homeowners Defense Act.

The Florida Surplus Lines Service Office has issued a bulletin outlining its new requirements for policy transactions associated with Lloyd's of London.

Claims never seem to be routine when animals are involved. As insurance professionals told National Underwriter, animals complicate matters by chewing, devouring, stomping, or even just lying motionless.

The Excess Line Association of New York (ELANY) has appointed Jasmin Chen Johnson as financial director.