Insurers continue to file lawsuits against large investment banks over losses taken during the housing market collapse, as Liberty Mutual Insurance Co. filed suit against Goldman Sachs; and Allstate announced a lawsuit against Morgan Stanley.

Producers who know the ins and outs of securing coverage for an art collection, expensive wine cellar or million-dollar foreign sports car may find that this expertise gets their foot in the door with some highly desirable clients.

Two reports on distracted driving show some successes with laws passed banning cell-phone use and texting while driving, but also demonstrate that more research needs to be done to truly gauge the laws’ effectiveness.

While convincing collectors that they need to insure their art can be a challenge, those who crack the coverage code can find they’ve gained access to extremely desirable clients.

Allstate Corp. says it expects $300 million in catastrophe losses from 13 events during the month of June.

Validus Holdings has swooped in on Allied World Assurance to make a $3.5 billion bid to buy Transatlantic Holdings.

Days after one group said it urged states to enforce laws against cell phone use while driving, NHTSA says programs in two cities resulted in a reduction in distracted driving.

Liberty Mutual Insurance Co. and several subsidiaries have filed a lawsuit against Goldman Sachs & Co. claiming the broker misled them in a preferred stock offering for Federal Home Loan Mortgage Corp. late in 2007.