Legislation has been introduced to permit risk retention groups to write commercial property coverage, expanding their role from the selling of liability insurance only.

Several property-casualty industry experts will be discussing the current economic climate and how to weather the crisis during a panel discussion at the 2010 Capital I Day March 19.

Nine former employees and rival property-casualty insurer Aspen Insurance Holdings are the subject of a suit filed by Liberty Mutual, alleging a conspiracy to steal professional liability insurance business.

Philadelphia Indemnity Insurance Co. has filed suit against a pair of insurance agents to recoup the money they allegedly pocketed from sales of policies to Goodwill Industries.

Citing its privately held parent company’s “lack of financial flexibility,” A.M. Best has downgraded the ratings of Wayne, Pa.-based Regis Insurance Co.

The Hanover Insurance Group has acquired a Vienna, Va.-based specialty insurance provider in what it calls “a significant commitment toward broadening our professional lines portfolio.”

Two cousins who are partners in a Spring Township, Pa., insurance brokerage are accused of pocketing more than $1 million paid by six Berks County public school districts for their workers’ compensation and liability coverage.

From my hometown newspaper comes news that insurance liability concerns have curtailed the time-honored tradition of sledding. In my day, we would have been undaunted in our quest for the …  Read →