Commercial Lines

Third-quarter reserve releases declined nearly 19 percent over the same period last year, which could put greater pressure on carriers to increase rates.

More than $2 billion in weather-related losses, and mark-to-market losses in investments, drove a third-quarter net loss of $852 million at Nationwide.

When it comes to natural disasters this has been a "monster" year for farmers, yet few are taking advantage of a federal loan program aimed at helping them recover.

German insurer Allianz SE saw third quarter profits sag $350 million from $1.73 billion the year before because of investment losses and Greek bond writedowns from Europe's debt crisis.

German insurer Allianz SE saw third quarter profits sag $350 million from $1.73 billion the year before because of investment losses and Greek bond writedowns from Europe's debt crisis.

The last time buffer liability insurance was in vogue, Ronald Reagan was in the White House. But now, the need for a buffer layer of excess coverage is emerging back into the structure of risk-sharing within the excess and umbrella insurance worlda sign that the market is transitioning from soft...