Professional Liability Underwriting Society (PLUS) and National Association of Professional Surplus Lines Offices (NAPSLO) said today they are joining forces.

Catastrophe bond issuances are down in the first half of 2009 compared to the same time period in 2008, but second-quarter activity represents a rally from an economy-driven slump, a new Guy Carpenter report said.

The recent problems surrounding Chinese drywall have been compared to everything from a silent hurricane to the next asbestos. But how do the costs really compare to a hurricane?

Property and casualty insurance companies may be forced to raise prices soon as increased harvesting of reserve redundancies is expected to leave a limited cushion for 2009, according to Moody's.