Two groups of forecasters are predicting another busy hurricane season this year after coming off nearly spot-on predictions for a very active 2010 season. ...

The planned revision of a catastrophe model set for early spring 2011 could impact reinsurance pricing on Jan. 1, as well as property insurance prices in coastal and inland areas, a rating agency analyst said recently....

While its chief executive declared that it can “see the finish line,” American International Group Inc. proved it can raise money from private investors by signing $4.3 billion in private-sector loan agreements....

Many companies are unknowingly vulnerable to data leakage, phishing attacks, trojans or advance persistent threats, according to a new report from Lloyd’s and technology company HP. ...

Health care reform legislation is expected to have some impact on workers’ compensation costs, but those impacts should be gradual and reflected in normal ratemaking processes, Swiss Re said in a recent report....

Aon Benfield has agreed to serve as placement advisor to a new sudden oil spill consortium, formed to deliver larger liability limit coverage for deepwater drilling in U.S. waters, Aon and Munich Re announced late last month....

More than two years after Hurricane Ike made landfall at Galveston, Texas, insurers continue to receive claims from the storm, according to the Insurance Council of Texas. ...

Research on climate change is ongoing, but risk management evaluation and strategies need to begin now to avoid the consequences of flooding and escalating property loss, according to a recently published study....

With each new year, there is the hope that the previous year’s problems will fade into the distant past. Often, however, the reality is that those issues remain present challenges....

With the pace of economic recovery slow in mature insurance markets, property and casualty carriers have set their sights beyond the United States and Western Europe....

Will a weak economy continue to keep the limit demand in 2011, or will a slow recovery bring insurance customers back to personal and commercial lines insurers?...

Local reinsurers are expected to benefit from new regulations in Brazil that require local insurance companies to cede 40 percent of reinsured risk to local reinsurers, according to Moody’s Credit Outlook. ...

Regulatory initiatives dealing with implementation of the financial services reform law, and such old business as providing certainty to the NFIP will keep p&c insurance industry lobbyists extremely busy this year....

Passage of landmark health care reform legislation last March is forcing participants in the insurance industry, especially agents, to mobilize in efforts to secure changes to the legislation that ensure they have a role in the industry going forward....