Commercial Lines

A major shareholder of British-based insurance broker Jardine Lloyd Thompson will increase its holdings in the firm and invest an additional $260 million to strengthen the firms independence, the brokerage says.

Market conditions in the airline-insurance market are not expected to change, as the industry has demonstrated increasing attention to safety, according to Willis Group Holdings.

The past few weeks have marked a number of memorable events for many of us living in the Northeast, offering us unforgettable experiences, some of which we would rather not have had.

Insurance leaders will gather in Atlanta to determine how to more effectively recruit the best and brightest into the business.

In the wake of Hurricane Irene, loss estimates from two catastrophe modelers have differed significantly, and Eqecat today offers an explanation of how it arrived at its numbers, stating that the primary source of uncertainty is flooding.

Legislation extending the current National Flood Insurance Program for a short period is being drafted by officials of the Senate Banking Committee.