Commercial Lines

The earthquake that shook the mid-Atlantic region seven months ago is taking an expensive toll on houses of worship that went without earthquake insurance.

Global warming is leading to such severe storms, droughts and heat waves that nations should prepare for an unprecedented onslaught of deadly and costly weather disasters, an international panel of climate scientists said in a new report issued Wednesday.

Liberty Mutual Insurance Group says it has acquired the Russian insurance company KIT Finance Insurance from KIT Finance Holding Co.

Property and casualty insurance company mergers and acquisitions activity increased in 2011 by 28 percent over the previous year, according to a report released by Conning Research & Consulting.

A U.S. district-court judge has awarded a group of insurers $9.35 billion after entering a final judgment against Hezbollah in a lawsuit over the Sept. 11 terrorist attacks.

The 2011 floods in Thailand were the most expensive flooding on Swiss Re sigma records, but a study of exposures in emerging markets around the world shows that other countries may represent even greater flood risks.