E&S/Specialty

Delivering bad news for directors and officers liability insurers who cover defendants in securities suits, studies show the number of class actions jumped 19 percent in 2008, and that large

The convergence of Wall Street's meltdown, falling insurance industry surplus, uncertainty over the future of medical care financing and a persistently soft commercial lines market has created a

Insurance associations representing brokers who sell excess and surplus lines insurance say they will work aggressively this year to get federal legislation reforming and modernizing the surplus

The late-December deal which has American International Group selling Hartford Steam Boiler to Munich Re Group is the biggest recent deal in dollar terms to hit the specialty sector, but broker deals

Although Laura Mazzuca Toops, editor of our sister publication, American Agent & Broker, reported in our November edition that the red-hot agency acquisitions market had slowed, deals involving

Anyone predicting a top-10 story list for 2008 back in late 2007 would have likely put the passage of federal surplus lines reform on the list. But it didn't make the list simply because it didn't

The continued soft market was a common thread that tied our monthly newsletters together this year. Nearly every issue we delivered in 2008 had an article forecasting when it would end or detailing

It was business as usual for surplus lines insurers and brokers before AIG's near-bankruptcy came to light on Sept. 15--which meant, among other things, they were placing unusual risks and developing