Commercial Lines

FM Global is reducing membership premiums by a total of $435 million for customers renewing their policies between June 30, 2013 and June 29, 2014.

NU-PC360 went down the shore to Sea Girt and Belmar, NJ to talk to John Robbins, project manager with a company working to rebuild the towns' famous boardwalks, about the risks involved.

This years April storm losses were significantly lighter than the past two years when record number of tornadoes touched down in the U.S. causing billions of dollars in damage, according to Aon Benfield.

This years April storm losses were significantly lighter than the past two years when record number of tornadoes touched down in the U.S. causing billions of dollars in damage, according to Aon Benfield.

Standard & Poor's Ratings Services on Wednesday raised the financial strength ratings of MBIA Insurance Corp and National Public Finance Guarantee Corp adding it may upgrade them further.

MBIA Inc agreed to pay Societe Generale $350 million to settle litigation over the bond insurer's restructuring, according to a person familiar with the case.