E&S/Specialty

Twelve insurers and two insurance brokers achieved a score of 100 in the 11th edition of the Human Rights Campaigns Corporate Equality Index joining a record number of companies extending sexual orientation and gender identity protections in the workplace.

While a recent report on executive compensation shows companies are seeking to limit increases for their top officers, a compensation consultant to the insurance industry says carriers had already adopted leaner increases before the Great Recession struck.

With the latest round of take-outs, Louisianas last-resort insurer has reduced its policy count 43 percent since it reached an all-time high early in 2008.

For those businesses facing potential liability from environmental-contamination claims, liability insurance may be an important asset to help offset defense costs and remediation payments.

Endurance Specialty Holdings says it has acquired the assets of Galileo Weather Risk Management to form a new unit offering a suite of customized weather risk management products to help clients manage the impact of weather variability on their businesses.

A clear consensus exists among insurance executives and experts when it comes to the Property insurance market: Rates were on the rise before Superstorm Sandy, and theres certainly no reason the storm will stop that momentum.