E&S/Specialty

demand by a House Financial Services subcommittee chairman that bank regulators move quickly to impose a rule requiring mortgage lenders to accept private flood insurance is prompting a split in the insurance industry.

A sluggish economy and rising values in the Fine Arts arena are luring high-net-worth individuals to bet on a horseer, submarineof a different color.

Subsidiaries of W.R. Berkley have filed a subrogation suit against the owner of the West, Texas fertilizer plant that exploded April 17.

The insurance market has become one of haves and have-nots, and the former will be in position to enjoy an excellent next few years, says William R. Berkley.

Ace Ltd. CEO Evan G. Greenberg says there would be little to no terrorism insurance in the market without TRIA.

The massive explosion at a West, Texas fertilizer plant has caused at least $100 million in insured losses to property.