Commercial Lines

When it comes to maintaining the relationship between risk managers and their brokers, youre only as good as your last conversation.

By coverage class, commercial property placements were up to plus 3% from plus 2% the prior month, and business owners policies (BOP) were up to plus 4% from plus 3% in January.

Syncora Guarantee Inc. threatened to put another obstacle in the way of Detroits efforts to cut debt through bankruptcy by saying it may oppose the citys plan to pay $85 million to end interest-rate swaps.

Syncora Guarantee Inc. threatened to put another obstacle in the way of Detroits efforts to cut debt through bankruptcy by saying it may oppose the citys plan to pay $85 million to end interest-rate swaps.

When a global, publicly traded insurer makes an acquisition, its share price generally outperforms the insurance-industry average in the short term. But more important to long-term success is what happens in the years after the deal is made.

American International Group Inc., the largest commercial insurer in the U.S. and Canada, promoted Michael Smith to chief operating officer of the division selling coverage to business clients.

American International Group Inc., the largest commercial insurer in the U.S. and Canada, promoted Michael Smith to chief operating officer of the division selling coverage to business clients.

The days of providers creating a product and sending it into the field are numbered: Agents must be brought into the conversation earlier and more often.