Commercial Lines

Mergers and acquisitions activity should be robust over the next 12 months as a recent survey shows many property and casualty chief financial officers will be looking to acquire a company or block of business, but targets might be hard to come by.

The Hartfords 2011 fourth-quarter net income plummeted 79 percent to $127 million on current and prior-year reserve strengthening.

The Hartfords 2011 fourth-quarter net income plummeted 79 percent to $127 million on current and prior-year reserve strengthening.

A magnitude 6.7 earthquake that struck the Negros-Cebu region of the Philippines yesterday is not expected to be a major insurance loss says catastrophe modeler AIR Worldwide.

A magnitude 6.7 earthquake that struck the Negros-Cebu region of the Philippines yesterday is not expected to be a major insurance loss says catastrophe modeler AIR Worldwide.

According to a Towers Watson survey, commercial lines carriers are looking to tighten the gap between them and their personal lines peers when it comes to the use of predictive modeling.

According to a Towers Watson survey, commercial lines carriers are looking to tighten the gap between them and their personal lines peers when it comes to the use of predictive modeling.

Chicago-based insurer CNA says 2011 fourth-quarter net income dropped 37 percent on the combination of lower net-investment income, catastrophe losses and reserve charges in its life business.