An International Accounting Standards Board proposal on how insurers should value their risks has drawn fire from an organization of major life and property & casualty insurance and reinsurance companies.

An analysis of property insurance trends by two academics suggests that post-disaster property insurance rate regulation actually drives up the prices it purports to control.

New York's new Insurance Superintendent James J. Wrynn announced that medical malpractice, bond insurers and the life settlement industry will be "must" items for his department.

Lockton insurance brokerage said it has formed an advisory board to keep clients up-to-date on the latest health care reform developments and the potential impact on them.