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The E&O market is fragmented, so quantification of the losses is more difficult. Unlike D&O losses, E&O losses will be high frequency (with many claimants) and low severity (with relatively low

The current economic crisis does not bode well for insurance brokerage earnings, and one casualty of the fallout might be Arthur J. Gallagher, which could be a prime acquisition target, one analyst

In a recent analysis, reinsurance broker Aon Benfield put a best estimate of direct insurance losses from the alleged Ponzi scheme orchestrated by Bernard Madoff at $1.8 billion, citing a range of

American International Group, in a confidential gloom-and-doom discussion paper obtained by National Underwriter, has warned government regulators that unless it is kept afloat, there would be

With jokes about American International Group getting more frequent and increasingly vicious, AIG is taking steps to re-brand its property-casualty insurance operations. AIG insurers can run, but can

Before introducing a panel at the recent PLUS D&O Symposium poised to discuss the ramifications of political changes on securities litigation, David Bell, chief operating officer of Allied World

Former General Reinsurance executive Christopher P. Garand has been sentenced to serve a year and a day in prison following his conviction for being involved in a scheme to manipulate American

It's time once again for independent agencies that do an outstanding job selling insurance and providing risk management services for their clients to prepare their entries for the National