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Validus Groups ongoing hostile takeover bid with Transatlantic Holdings took on heightened acrimony this week as Validus says it would open its books to Transatlantic and sued the carrier for breach of fiduciary duty.

May you live in interesting times, goes the blessing/curse. And one thing I think we can all agree on, for better or worse, is that dull days are few and far between in 2011.

PropertyCasualty360.coms Claims Channel Editor Christina Bramlet is twittering every day about breaking news and timely topics. Check out the latest claim-related tweets.

Transatlantic Holdings says the acquisition proposal it received from Berkshire Hathaway subsidiary National Indemnity Co. is not better than the merger agreement it has in place with Allied World Assurance Co. Holdings.

Berkshire Hathaway’s National Indemnity Co. has put in a competing bid for Transatlantic Holdings Inc.

The specialty lines insurance industry has been a hotbed of merger-and-acquisition activity over the past year, with deals for niche specialty brokers and managing general agents getting the most attention. PropertyCasualty360 takes a look back at some of the observations dealmakers and consultants have shared this year about the abundance...

In spite of the fact that two Bermuda players are engaged in a heated battle over a global-casualty reinsurer, the intensity of the contest in no way suggests that the casualty market is hardening, according to one of the potential acquirers.

Transatlantic Holdings Inc. is urging stockholders to reject a $3.5 billion unsolicited merger offer from Validus Holdings Ltd.