Commercial Lines

A new judge presiding over Bank of America Corp's proposed $8.5 billion settlement with investors in soured mortgage securities on Tuesday postponed entering a final judgment in the case, raising the possibility of additional legal maneuvers.

Hartford Financial Services Group's quarterly profit exceeded analysts' average expectation as it benefited from lower disaster losses, and the insurer announced a new $2 billion share buyback plan.

Whether considering market dynamics or organizational functions, transformation may be the most important word for insurers in 2014, according to Deloitte analysis.

Insurance limits attach above the primary layer of risk imposed on the insured in both self-insured retentions and deductibles, but these types of coverages are different.

Aon says its 2013 fourth-quarter net income attributable to shareholders was $355 million, compared to $305 million for 2012s fourth quarter, and total revenue increased 3% to $3.2 billion.

Aon says its 2013 fourth-quarter net income attributable to shareholders was $355 million, compared to $305 million for 2012s fourth quarter, and total revenue increased 3% to $3.2 billion.