Personal Lines

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Residents from Miami to the southern coast of North Carolina are being told to begin preparations for Hurricane Irenethe first Atlantic hurricane of the season.

Residents from Miami to the southern coast of North Carolina are being told to begin preparations for Hurricane Irenethe first Atlantic hurricane of the season.

Moodys says second-quarter catastrophes took a toll on property and casualty insurers earnings, but there are no signs that price competition on the commercial side will let up anytime soon.

QBE Insurance Group says first-half profit increased 53 percent to $673 million, but the insurer's profit margin fell to 11.2 percent from 15.8 percent as catastrophe losses totaled nearly $1.1 billion.

The Atlantic Basin could experience its first hurricane of the season next week, according to meteorologists at AccuWeather.com.

The Institute of International Finance says regulators need to coordinate development of reforms affecting the banking and insurance industries to avoid unintended consequences.

The Institute of International Finance says regulators need to coordinate development of reforms affecting the banking and insurance industries to avoid unintended consequences.