Commercial Lines

In keeping with a larger upward trend, P&C insurers increasingly see value in M&A activities to bolster product portfolios and enable growth.

Iran's nuclear deal with the West will make it easier, cheaper and less stressful to trade its oil, thanks largely to a partial lifting of the European shipping insurance ban, a senior Iranian industry official said on Tuesday.

Iran's nuclear deal with the West will make it easier, cheaper and less stressful to trade its oil, thanks largely to a partial lifting of the European shipping insurance ban, a senior Iranian industry official said on Tuesday.

Tower Group International says there is substantial doubt about [its] ability to continue as a going concern" after reporting a $507.3 million 2013 second-quarter net loss due in large part to over $300 million in reserve strengthening reported last month.

As Floridians thank their lucky stars for an eight-year reprieve from hurricanes, it's important to recognize the absence of catastrophic windstorms can't rewrite Floridas hurricane history.

The easing of a ban on European insurance for shipments of Iranian oil may lift Iran's crude exports to big oil buyers in Asia, including India and China.

Harleysville Insurance president and COO Michael Browne will retire effective May 1.

In the aftermath of Superstorm Sandy, many corporate risk managers whose organizations had experienced a flood loss found their companies facing a new exposure.