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Independent agencies are invited to enter the 2010 Commercial Insurance Agency of the Year Award program, run by National Underwriter and American Agent & Broker, with entries due by July 1.

Transocean Ltd. has filed a petition under the federal Limitation of Shipowner's Liability Act of 1851 to limit its liability for the Deepwater Horizon oil rig explosion to less than $26.8 million.

Ironshore Inc. said it is entering the personal lines market to underwrite a high value homeowners program for properties valued at more than $1 million.

Officials from the crop insurance industry are voicing opposition to a proposal by an Iowa State University professor that the current system be replaced with a direct subsidy program.

Thomas J. Slattery, for many years the editor of National Underwriter, passed away this weekend of respiratory failure at the age of 68.

Insurance agents, claims managers and adjusters have all faced some unusual or challenging claims. NU invites readers to share their favorite war stories for a ...

Should risk managers pay their insurance brokerage costs directly on a straight fee basis, rather than let carriers pay commissions on sales? File your vote on the latest NU Online Poll at www.property-casualty.com.

Worldwide property and casualty insurer Chartis has purchased $425 million in catastrophe bond protection against U.S. hurricanes and earthquakes, the company said.