Commercial Lines

The NFIP's dire financial condition and the limited scope of scheduled rate increases haven't prevented politicians from crying foul and seeking to delay reforms they championed a year ago.

P&C insurance premiums continue to exhibit increases as high as 10 percent on some risks, as reinsurance rate-softening on property risks will not pass through to the rest of the market immediately, says the CEO of insurance broker Brown & Brown.

Dozens of victims of the West Fertilizer Co. explosion in West, Texas have fallen in line with the city and filed suit against CF Industries, a producer of ammonium nitrate.

Dozens of victims of the West Fertilizer Co. explosion in West, Texas have fallen in line with the city and filed suit against CF Industries, a producer of ammonium nitrate.

San Francisco-based bank Wells Fargo reports second-quarter insurance income dropped 7 percent over the previous year, but rose 5 percent on a quarter-to-quarter basis.

A federal judge is days away from deciding if New York developer Larry Silverstein can recover as much as $3.5 billion from airlines for damages to the World Trade Center on Sept. 11, 2001, on top of more than $4 billion he has received from insurers.