E&S/Specialty

American International Group announced last week it was accelerating the spin-off of its major property-casualty insurance units into a separate company so it can sell off a minority share to the public.

Despite the best of intentions and efforts of risk capital providers and program administrators, the reality is that change is inevitable.

In the current economic climate, insurers who look to program business to generate additional premium volume will be conducting more thorough due diligence examinations of potential programs before agreeing to take them on.

As the transportation insurance segment goes, so goes the rest of the casualty market, according to those who write the business.

Despite the economic crisis, insurance buyers can expect flat rates overall into the fourth quarter, according to the latest poll of risk managers.

Wildfires, hurricanes, identity theft and floods. In most cases, these things just happen and can't be predicted. Disasters can strike anyone at any time.

The American Association of Managing General Agents is gearing up for its annual meeting in Boca Raton, Fla., next month, drawing its members to the gathering with the promise of networking opportunities.

N.Y. Insurance Superintendent Eric Dinallo has begun an inquiry into whether Allstate Corporation engaged in illegal participation in unregulated insurance markets, after the insurer's CEO wrote an opinion piece calling for federal regulation.