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Lloyd’s latest 360 Risk Insight report, released today, is a powerful reminder that with the global recession comes more risk and responsibility. Pressures from the recession ...

Lloyd's latest 360 report is a reminder that with the global recession comes more risk. But these pressures can also hit here at home, observes Caroline McDonald, assistant managing editor of NU P&C. Read about it and have your say at www.NoRiskZone.com.

Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co., said it has acquired Walker Taylor Agency of Wilmington, N.C. Transaction terms were not released.

Jeffrey D. Kelly, a former executive with National City Corp. has been named executive vice president and chief financial officer of RenaissanceRe Holdings Ltd. replacing Fred Donner.

Michael Tahan joins the agency as assistant vice president.

Small, fuel efficient mini and micro-cars have a cost of repair for bumper damage that's big, a report by the Insurance Institute for Highway Safety said today.

The only real way to test the effectiveness of an organization's enterprise risk management system is with real-life disasters, and on that score, property-casualty insurers passed with flying colors in 2008, according to analysts.

The World Health Organization declared today that swine flu H1N1 virus is now a full-fledged pandemic leading an insurance brokerage to warn businesses they must be ready to cope with its effects.