Commercial Lines

A macho game of political chicken in Congress continued today with the House passing a continuing resolution that was later tabled by the Senate.

Ambac Financial Group, Inc. says it has reached an agreement with Wisconsin regulators over outstanding tax and expense-related issues surrounding subsidiary Ambac Assurance Corp.

Ambac Financial Group, Inc. says it has reached an agreement with Wisconsin regulators over outstanding tax and expense-related issues surrounding subsidiary Ambac Assurance Corp.

Catastrophe modeler AIR Worldwide says it expects between $150 million and $600 million in insured losses from Typhoon Roke, which crossed over Japans main island, Honshu, earlier this week.

After almost four years as an orphan, the National Flood Insurance Program is picking up some powerful parents. It is as if it has suddenly morphed from an ugly duckling into a beautiful swan. The reason is that the latest fashion in Washington is to bring in additional revenues without...

Global natural catastrophes have made 2011 the highest loss year on record after just the first six monthscreating opportunities for risk managers to review coverage and issues such as supply-chain disruption, according to an industry expert.