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Despite the best of intentions and efforts of risk capital providers and program administrators, the reality is that change is inevitable.

In the current economic climate, insurers who look to program business to generate additional premium volume will be conducting more thorough due diligence examinations of potential programs before agreeing to take them on.

As the transportation insurance segment goes, so goes the rest of the casualty market, according to those who write the business.

The Reinsurance Association of America (RAA) said today that Jacques Bonneau, president and chief executive officer of Ace Tempest Re USA, has been elected board chairman.

Homeowner health complaints related to Chinese drywall products point up a need for contractors to obtain enhanced insurance coverage, but such protection may not be available, according to a brokerage expert.

Despite the economic crisis, insurance buyers can expect flat rates overall into the fourth quarter, according to the latest poll of risk managers.

In the current economic climate, insurers who look to program business to generate additional premium volume will be conducting more thorough due diligence examinations of potential programs before agreeing to take them on.

Wildfires, hurricanes, identity theft and floods. In most cases, these things just happen and can't be predicted. Disasters can strike anyone at any time.