Commercial Lines

State Auto Financial Corp.s chief executive says the insurer will seek 20 percent price increases in 2012 in order to keep up with historic loss trends and the company is turning to the reinsurance market for a quota share treaty.

American International Group, MetLife and Prudential are the three most likely U.S. insurers to be deemed as systemically important enough to be subject to federal as well as state regulation, says Moodys Investors Service in a report.

American International Group, MetLife and Prudential are the three most likely U.S. insurers to be deemed as systemically important enough to be subject to federal as well as state regulation, says Moodys Investors Service in a report.

A New England-based online cluster is partnering with a technology based pay-as-you-go Florida vendor to launch a new workers compensation program that will benefit 95 independent agencies and their customers.

A New England-based online cluster is partnering with a technology based pay-as-you-go Florida vendor to launch a new workers compensation program that will benefit 95 independent agencies and their customers.

Insurance fee income for bank holding companies set a new record in the second quarter of this year, rising more than 9 percent, according to the Michael White-Prudential Bank Fee Income Report.