E&S/Specialty

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The insurance industry has traditionally been ahead of the curve when it comes to anticipating important trends, getting out in front of large-scale behavioral shifts and rapidly adapting to evolving societal realities.

Operators of oil rigs in the Gulf of Mexico may have breathed a big sigh of relief as they eyed the easterly track of Hurricane Bill recently because many drastically shrank their hurricane coverage programs, insurance executives reported late last month.

C.V. Starr & Company said its insurance company Starr Indemnity & Liability Company has a new National Accounts Excess facility to target Fortune 2000 firms, manufacturers, real estate, retail, and service firms.

Superfund litigation--as measured by the number, duration and complexity of cases--decreased from fiscal years 1994 through 2007, the General Accounting Office said.

A California state appeals court has ruled in a fatal malpractice case brought against a veterinarian that a pet owner is not entitled to recover emotional damages.