Commercial Lines

Reaction thus far has been measured, if not predictable. But was it worth waiting for?

Rapid technology changes, demanding customers, tight regulations, catastrophes, low interest rates, slow economic growthnot exactly the horsemen of the Apocalypse, but these factors will determine the fate of insurance in the New Year, says Ernst & Young.

Rapid technology changes, demanding customers, tight regulations, catastrophes, low interest rates, slow economic growthnot exactly the horsemen of the Apocalypse, but these factors will determine the fate of insurance in the New Year, says Ernst & Young.

Theres a new High Net Worth insurance pro in the industry, and shes not looking for wealthy clients. Well, not at this time, anyway. Thats because Ira Curry, a vice president for property in the Atlanta office of Aspen Insurance, has come forward as one of two winners of Wednesdays...

Tower Group International this week announced the sale of its stake in Canopius Group Limited for $69.7 million to pay off a $70 million bank line, and also reported additional reserve charges in some commercial lines including workers compensation.

The impact of Superstorm Sandy on Northeast commercial-property rates has waned, and the U.S. property market overall has continued to soften through the first nine months of 2013, according to a recent Marsh briefing.