News

Major European insurers in most cases have recovered from significant 2008 losses, but 2009 earnings figures were still below the highs reported in 2007 and 2006, Moody's Investors Service, said.

Insurance regulators, in a surprise move, have voted to let insurers file their climate risk disclosure survey responses on a voluntary, confidential basis.

The biggest challenge facing insurers today actually plays into the strength of mutual carriers, says NAMIC Chairman John T. Hill II in the second of a two-part video interview with NU at www.property-casualty.com.

The suicide bombings on Moscow's subway system is a reminder of how vulnerable we all are in today's troubled times, says NU Editor Sam Friedman is his blog today at www.NUSamSoapBox.com.

A risk management trade group has reacted with pleasure to a declaration by Marsh insurance brokerage that it will not accept controversial contingent commissions in its U.S. core insurance broking segment.

The National Flood Insurance Program will be allowed to expire once again, a victim of a feud between the House and Senate over proposed legislative changes for NFIP.