Commercial Lines

The Federal Reserve Board will soon propose two-tier capital requirements for the insurers it oversees.

Toyota said it is making a strategic investment in Uber and will offer auto leases to the ride-hailing company's drivers.

Think of it as Mother Natures roller-coaster ride: the shift between the weather patterns known as El Nio and La Nia that, at their worst, can cause havoc worldwide.

Changing customer needs and vehicle safety improvements are expected to drive down premiums.

Axa SA, Frances largest insurer, said it will stop investing in tobacco and divest all of its $2 billion of assets in the industry.

Startups and venture capitalists taking on this challenge means the writings on the wall for the insurance industry: Innovate or get left behind.