Commercial Lines

Commercial lines rate increases moderated in July and the market has become quiet due to the time of year and lack of catastrophic events, according to MarketScouts chief executive.

Technology has intensified the service expectations in nearly all industries. What was introduced in insurance 25 years ago, now you cant do business without.

A new hurricane model predicts that the U.S. will experience two hurricane landfallsone on the East Coast and one along the Gulf Coastin 2013. Meanwhile, CSU forecasters have reduced the number of hurricanes expected to form this year.

A new hurricane model predicts that the U.S. will experience two hurricane landfallsone on the East Coast and one along the Gulf Coastin 2013. Meanwhile, CSU forecasters have reduced the number of hurricanes expected to form this year.

American International Groups property and casualty business was able to generate rate increases of 7.3 percent in the U.S. as it shifted its emphasis to high-value businesses, its top officials told analysts today.

Europe's No. 2 insurer, AXA, said on Friday its first-half net income edged 1 percent lower on a like-for-like basis, as a $302 million accounting loss on interest rate hedging instruments offset operational gains.