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Specialty insurer RLI Corp. reported second-quarter net income of nearly $40 million this year, a 2.7 percent increase compared to the same period last year.

There appears to be no letup in the commercial property and casualty soft market, as average premium prices deteriorated after showing some signs of stability over the past year, according to a producer association.

Markel Corp. is moving into the Florida workers' compensation business with the acquisition of Aspen Holdings, Inc.

Short Hills, N.J.-based insurance broker Bollinger Inc. said it has acquired David Szerlip and Associates of Berkeley Heights, N.J.

Claims Magazine has unveiled its interview with Darryl Willis, British Petroleum's claim manager, exclusively on the publication's new Facebook fan page.

A new report by Advisen Ltd. shows the 2010 second quarter saw a 30 percent jump in securities lawsuit filings compared to the first quarter.

Florida's last-resort insurer is looking to ask regulators for an average statewide rate increase of 10.4 percent for personal residential multiperil and wind-only policies combined in 2011.

FAIA's Scott Johnson once again takes on public adjuster.