Commercial Lines

An $800 million settlement underpinning Detroits plan to exit from its record municipal bankruptcy was brokered by biased mediators and should be thrown out, bond insurer Syncora Guarantee Inc. told a federal judge.

Commercial-lines rates are under pressure, but so far that has not correlated to standard carriers competing for business traditionally written by the excess and surplus lines market, Nationwide's CFO says.

After a fatal racing incident last week, quite a few coverages could come into play depending on how events shake out.

A regional carrier flying from Tehran to Tabas in central Iran crashed shortly after takeoff yesterday into a residential area outside Mehrabad airport, leaving dozens dead.

The Top 10 most costly weather events for July, including the worst of event of them all in the year to datecausing more than 200 deaths.

Small-business customers who buy coverage through predominately personal-lines insurers have a higher satisfaction level than those who buy through commercial-lines carriers.