Commercial Lines

Hurricane Irene winds have picked up enough to reach major hurricane status this morning, as the predicted storm track continues to move east.

Hurricane Irene winds have picked up enough to reach major hurricane status this morning, as the predicted storm track continues to move east.

The 5.8 magnitude Virginia earthquake that shook the East Coast yesterday is expected to produce less than $100 million in insured losses, a catastrophe modeler said.

The 5.8 magnitude Virginia earthquake that shook the East Coast yesterday is expected to produce less than $100 million in insured losses, a catastrophe modeler said.

A 5.9 magnitude earthquake struck central Virginia this afternoon with reports the quake was felt as far north as Canada.

U.S. property and casualty loss reserves remain within an adequate range as of year-end 2010, and the potential for large deficiencies emerging in the near-term is limited, according to a Fitch analysis.