Italian-insurance agents and brokers are seeking to break the restrictions placed on them by their domestic carriers and welcome U.S. carriers business and U.S. independent-agent practices to their shore.

Young agents are reaching out to one another in greater numbers to share ideas and coax an older generation into thinking anew about how business gets done.

Three subjects dominated discussions among executives and risk managers in Philadelphia at this years Risk and Insurance Management Society convention: pricing, Business Interruption and Cyber risk.

Non-public P&C insurance carriers are reporting continued rate increases, with direct-written premiums increasing 3.7 percent in 2011 compared to 0.3 percent in 2010, according to a report from SNL Financial.

A Republican member of the House Ways and Means Committee implored the Senate to act on passage of a five-year National Flood Insurance Program extension that includes reforms to the program.

Military personnel have an increased risk of at-fault auto accidents within six months of returning from overseas duty, a report from USAA says.

After close to three years of legal wrangling, MBIA and a group of banks will finally fight it out in court come May 14 after a New York State judge set a date for trial.

Three subjects appeared to be most prominent in discussions between executives and risk managers in Philadelphia at this years Risk and Insurance Management Society meeting: price, business interruption and cyber risk.