E&S/Specialty

As a one-year mandatory medical malpractice rate freeze is set to expire at the end of June, interested stakeholders wait to see if state leaders will come up with a plan to address the state's worsening market.

Specialty insurer RLI Corp. reported a first-quarter 2009 net loss of $1.8 million, compared to the period last year when it posted a $25.5 million profit.

What were the most unusual claims you've handled or heard about in the past few years? How did they turn out?

The dollar value of merger and acquisition activity for the U.S. property-casualty sector grew last year by $2.67 million, but worldwide for all insurers the monetary worth of mergers declined, a consulting firm reported.

Competing U.S. and Bermuda insurance interests have been ramping up lobbying efforts on Capitol Hill over a proposed tax code change that would impact treatment of U.S. business ceded to Bermudian carriers.

The Nevada Surplus Lines Association said in cooperation with the Nevada Division of Insurance it has launched a television advertising campaign advising consumers to do thorough research before buying insurance.

72% of respondents to a recent survey on D&O claims issues answered yes to the question, "Have you been involved in an actual claim where the D&O insurer paid more than you believe it needed to, based upon the facts and coverage issues?"

Cutting-edge technology and evolving business strategies will be revealed to insurers, reinsurers, producers and other insurance industry-related professionals attending the 2009 ACORD LOMA Insurance Systems Forum.