Commercial Lines

In what is being called one of the biggest insurance-related environmental coverage rulings to come out of California in decades, the states highest court says policyholders can seek recoveries up to the policy limits and can stack multiple policies on long-tail claims.

Zurich Insurance Group says less severe catastrophe losses compared to last year and strong organic growth in Latin America, North America and the United Kingdom produced a gain in net income for the first six months of 2012.

Property and casualty insurance rates are on the rise, but reports released in late July through August seem unsure of whether the pricing trend will build into sustained underwriting profits during a period of rising loss costs and low investment returns.

In this weekly segment, we bring you the top stories from PropertyCasualty360.com for the week. Click to see the top stories for the week of August 6, 2012.

Alterra American Insurance Co. is seeking to officially rid itself of an obligation to defend or indemnify the National Football League in 93 concussion-related lawsuits against the league.

Alterra American Insurance Co. is seeking to officially rid itself of an obligation to defend or indemnify the National Football League in 93 concussion-related lawsuits against the league.