A New York Workers' Compensation Board (WCB) spokesman said WCB's $405 million civil fraud lawsuit against Bermuda-based CRM Holdings Ltd., as the administrator of six self-insured trusts is not affected by N.Y. Attorney General's action.

The House passed the wide-ranging Wall Street Reform and Consumer Protection Act of 2009, drawing an immediate and generally favorable reaction from one insurance trade group and a lukewarm response from another.

Lloyd's chief executive Richard Ward, after a speaking tour at three U.S. business schools, said he was so enthused by the event that he already has plans to visit another American university next year.

PartnerRe Ltd. in Bermuda announced completion of its acquisition of Zug, Switzerland-based Paris Re Holdings Limited, following Paris Re shareholders' approval of the $2 billion stock deal announced in November.

News about AIG broke fast and furiously last week, with questions raised about its reserve adequacy, deals closed to reduce its government debt, and an announcement that it had buried the hatchet with former CEO Maurice Greenberg.

P&C insurers may be hit by a swirl of claims arising from swine flu that include actions against homeowners and businesses, a medical malpractice defense attorney predicted.

Insurance regulators in Florida and California take a stand on Iran-related investments.

California Insurance Commissioner Steve Poizner said an inquiry has revealed state insurers hold $12 billion in indirect Iran-related investments and he will push them to divest, leading another regulator to say Poizner's effort should go national.