Recognizing the need for insurance-risk transfer in Caribbean states vulnerable to climate change, Munich Re says it has received permission to launch a program that provides insurance to workers and farmers most likely to suffer from hurricanes and floods in the region.

Recognizing the need for insurance-risk transfer in Caribbean states vulnerable to climate change, Munich Re says it has received permission to launch a program that provides insurance to workers and farmers most likely to suffer from hurricanes and floods in the region.

After some initial signs of a market turn, airline insurance appears to be showing signs of continued softening as the bulk of the aviation industry seeks year-end renewals, says a report from Aon Risk Solutions.

After some initial signs of a market turn, airline insurance appears to be showing signs of continued softening as the bulk of the aviation industry seeks year-end renewals, says a report from Aon Risk Solutions.

More than half of all property renewals experienced increases during the fourth quarter as more accounts are finding it difficult to obtain savings on their insurance placements, according to a report released by insurance broker Marsh.

Europes sovereign-debt crisis could impair the U.S. property and casualty industrys ability to change the course of the soft marketif it results in the economy falling into another recession, according to one industry consultant.

Brady Polansky will step down as chief executive officer of NetVU as the Vertafore users group makes an organizational change, the groups chairman said today.

Brady Polansky will step down as chief executive officer of NetVU as the Vertafore users group makes an organizational change, the groups chairman said today.