Endurance Specialty Holdings Ltd., the Bermuda-based provider of property and casualty insurance, announced a $3.2 billion offer to buy Aspen Insurance Holdings Ltd. after the target company turned down its proposal.

Insurance associations are welcoming the Senates introduction of a TRIA extension, but some industry officials are concerned about language in the bill.

What is the meaning of rain? An Iowa appellate court had to answer that question in an insurance-coverage dispute between Amish Connection, Inc., and its insurance carrier, State Farm Fire & Casualty Company.

Asbestos-related losses are not likely to create any severe capital shocks for property and casualty insurers, but those losses will continue to bleed through insurers earnings, and asbestos reserves may be deficient by as much as $9 billion as of year-end 2013, a new analysis says.