Commercial Lines

Property and casualty carrier employment fell in January, virtually erasing the gains made in December 2012, according to an analysis of the latest figures from the U.S. Labor Departments Bureau of Labor Statistics.

Property and casualty carrier employment fell in January, virtually erasing the gains made in December 2012, according to an analysis of the latest figures from the U.S. Labor Departments Bureau of Labor Statistics.

Insurers across all sectors are acknowledging the impacts of climate change on their business, but they are failing to engage in discussions about how to stay ahead of the potential threats, a new preparedness study says.

U.S. insurers saw their collective net income jump by 50 percent in 2012 compared to 2011, and this year the industry looks as if it will benefit from some favorable trends in both the insurance market and the economy at large, even as it deals with some familiar challenges, according...

N.Y. State Supreme Court upholds insurance departments decision to split MBIA in two, but yesterday, subsidiary National Public Finance Guarantee Corp. revealed it has more than $100 million in general-obligation-debt exposure to the city of Detroit.

N.Y. State Supreme Court upholds insurance departments decision to split MBIA in two, but yesterday, subsidiary National Public Finance Guarantee Corp. revealed it has more than $100 million in general-obligation-debt exposure to the city of Detroit.