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"It will enable the market to provide a more efficient service by eliminating the need for brokers to provide claims information to a number of different underwriters individually," said an IUA spokes

Montpelier Re Holdings in Hamilton, Bermuda, said it is investing $133 million in a new Bermuda reinsurer, Blue Ocean Reinsurance Ltd, which will offer retrocessional protection in the property catast

A report on trends in federal securities class actions--including a dip in the number of suits below 200 for the first time since 1997--is giving directors and officers liability insurers reason to cele

A report on trends in federal securities class actions--including a dip in the number of suits below 200 for the first time since 1997--is giving directors and officers liability insurers reason to cele

Senate Judiciary Committee Chairman Arlen Specter, R-Pa., led efforts to craft legislation establishing a $140 billion trust for victims of asbestos exposure but has run into stiff opposition from

Feds urge state regulators to consider business continuity, recovery time and

Al Orendorff, director of public relations for Aon, said 74 percent of the $190 million, or about $140 million, is expected to be paid out to clients as per the terms of an agreement reached last

Rating agencies keep insurer outlook stable as reinsurers bear brunt of cat damage