Commercial Lines

A tropical storm warning has been issued for areas along the Gulf Coast, including New Orleans as Tropical Storm Lee travels erratically toward the northwest.

Premium rates for airline insurance rose 22 percent during August, primarily because of increases in the average fleet value of three airlines.

Despite a broad consensus among insurers that climate change will have an impact on extreme weather events, few companies can outline their plan to manage the risks and opportunities associated with the risk, according to a report on a National Association of Insurance Commissioners survey.

Following Hurricane Irene, two of the big three hurricane modelers released insured loss estimates, and the gap between them could potentially fit another Hurricane Irene-type event.

Following Hurricane Irene, two of the big three hurricane modelers released insured loss estimates, and the gap between them could potentially fit another Hurricane Irene-type event.

While insurance trade groups cite the flood program extension as their top priority this legislative session, they also plan to push for differentiating insurers from banks in the eyes of lawmakers and regulators, among some other key industry issues.