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More and more, the question of "are you authorized to sell insurance?" is being asked by carriers, agents and brokers alike. Unfortunately, the answer is rarely black and white.

"Disaster has no schedule," warns Bob Boyd, chief executive officer of Agility Recovery Solutions.

While controversy surrounds the implementation of producer disclosure regulations by the New York State Department of Insurance, associations say they are obligated to prepare agents for the new mandates, like them or not

U.S. property and casualty reinsurers saw net premiums written drop 4 percent in the first half of 2010 compared to last year, while underwriting results deteriorated by nearly five points.

Europe's property and casualty insurers will be challenged to increase profitability for the remainder of this year, reinforcing the negative outlook Moody's Investors Service has on the sector.

Key challenges facing global reinsurers will drive profits lower, but are unlikely to undermine the current strong levels of capitalization for the majority of carriers over the next 12-to-24 months.

The common perception is that a captive insurer or risk retention group entering rehabilitation has hit the skids and is on its way out, but the opposite is sometimes true, according to a captive management company.

While globalization has brought many benefits to businesses, companies need to spend more time studying the new and emerging risks involved and planning for low-probability events, Lloyd's warns.