Commercial Lines

Insurer American International Group is in talks to sell its jet-leasing finance business to AerCap Holdings NV, Bloomberg reported, citing people with knowledge of the matter.

Some industry groups contend the FIO's regulation modernization report did not go far enough in highlighting the positives of state-based regulation. Others say that was not the point of the report.

Some industry groups contend the FIO's regulation modernization report did not go far enough in highlighting the positives of state-based regulation. Others say that was not the point of the report.

Cyclone Xaver, which heralded the first week of December by sweeping devastating wind and rain across Northern Europe, may cost the insurance industry between $962 million and $1.9 billion in losses, says AIR Worldwide.

The bipartisan budget deal heading to the House may indirectly improve the U.S. insurance landscape, according to Robert Hartwig, president of the Insurance Information Institute.

Recent reports generally agree that the property and casualty industry outlook for 2014 is "stable." See the factors that went into the most recent report released by Fitch.