News

John T. Leonard, president and CEO of the MEMIC Group, has been elected 2010 board chairman of the National Council on Compensation Insurance, Inc.

Shareholder derivative lawsuits against directors and officers of BP in the wake of the company's oil rig explosion could result in sizeable recoveries based on current litigation trends, an expert in the field said.

Insurance company executives and independent agents disagree over just how easy insurers are making it to do business with them--an area of opportunity for carriers to expand their business, a survey suggests.

Sen. Patrick Leahy, D-Vermont, is making another attempt to end the antitrust exemption accorded health insurers through the McCarran-Ferguson Act.

Specialty insurer Markel announced the creation of a three member office of the president with two executives assuming the title of co-chief operating officer.

Business groups and insurers are mobilizing to defeat a proposed amendment to the financial services reform bill that would substantively expand the reach of private securities litigation.