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Last Thursday, Reps. Dennis Moore, D-Kan., and Scott Garrett, R-NJ, introduced legislation in the U.S. House of Representatives modernizing and reforming regulation of the surplus lines (nonadmitted) market.

Aviation insurance continues to show increases, with April renewal rates showing an overall increase of 4 percent in lead hull and liability premiums, according to Aon's monthly aviation report.

The U.S. Supreme Court's decision earlier this month, that a company must show intent to dispose of chemicals to be liable as an "arranger" under the "Superfund Law," could benefit corporations caught up in potential liabilities under that statute.

The Supreme Court ruled earlier this month that women who lost credit for employment during maternity leave before the law was changed cannot count their time off toward a pension.

In addition to policies specifically designed to pay for loss of business income during a pandemic flu event, other specialty insurance coverages may be tapped to pay flu-related claims, according to a report published late last year.

The struggling economy will spur mergers and crimp insurer profits in the short term, but not far down the road there will be opportunities to achieve greater efficiency and profits, according to the head of LOMA, Robert Kerzner.

Why is it that so many people seem to hate--or at the very least, distrust--the insurance industry?

Allstate Corp. last week announced it would not participate in the government's Troubled Asset Relief Program, explaining that it already has adequate capital and cash on hand.