E&S/Specialty

Economists said the recession was over some time last year, but a walk down almost any main street in America reveals a different picture.

It was not hard to select the top two property and casualty insurance stories for 2010.

Insurance policies do not cover losses due to the destructive properties of Chinese drywall because of two policy exclusions, a federal court has ruled.

The National Association of Professional Insurance Agents has described 2010 as a year of "stop-and-starts" for the critical National Flood Insurance Program.

The National Association of Insurance Commissioners decided to pursue its own program for the collection of surplus lines taxes--a bare bones approach that does not tackle the issue of regulatory uniformity.

The China Insurance Regulatory Commission has granted licenses to Chubb Corp. and XL Group to operate businesses in the country.