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  • The last of the original 95 wrongful death lawsuits resulting from the 9/11 terrorist attacks has been settled, potentially ending a decade of litigation that has led to combined settlements of more than $500mn.
  • The UK government should seize the opportunity presented by the overhaul of the country's financial regulation framework to instigate a cultural shift in the philosophy of supervision, according to Michael Wade, chairman of London market independent broker Besso.
  • Another game of political chicken has begun on Capitol Hill, with the National Flood Insurance Program (NFIP) at the centre of a two-way tussle between the House of Representatives and the Senate.
  • The European Commission (EC) has withdrawn plans to commission a review of the insurance subscription markets.
  • Crop (re)insurers face further upheaval following the significant reforms in the 2011 Standard Reinsurance Agreement (SRA) after President Obama targeted the agricultural sector as part of efforts to cut the federal budget deficit.
  • Crop (re)insurers face further upheaval following the significant reforms in the 2011 Standard Reinsurance Agreement (SRA) after President Obama targeted the agricultural sector as part of efforts to cut the federal budget deficit.
  • Montpelier Re's deal to sell off its US insurance arm to Selective Insurance Group continues an emerging trend of (re)insurers focusing on their core specialities and eschewing the diversification model favoured under ratings agency pressure post-Katrina.
  • London market property and casualty (P&C) insurance stocks have shrugged off the concerns driving equity market volatility over the past week to outperform their peers in Europe and the life and banking sectors.
  • The "big three" global reinsurance brokers have all raised concerns over the European windstorm model in RMS Version 11 (v11) and have advised clients not to use the update for the crucial 1 January renewals unless they are entirely comfortable with the changes.
  • The Insurance Insider weighs up the track records of Omega's suitors: Canopius, Barbican and Mark Byrne's Haverford