State Auto Financial Corp. says results for the first quarter will include pre-tax catastrophe losses of between $19 million and $21 million. Cincinnati Financial says it expects pre-tax catastrophe losses from its group of insurance companies of between $85 million and $95 million.

Insurers are finding out the recent disastrous weather in Texas took a heavy toll on vehicles.

The directors & officers liability market is an unpredictable, mispriced and likely under-reserved mess of cases waiting in many courts. And while rates are up in this sector, observers say that isnt enough to tip the scales.

Unfavorable prior accident-year reserve development and $10 million in catastrophe losses forced Progressive Corp. income down 44 percent for the month of March.

Evan G. Greenberg, chairman and chief executive officer of ACE, says governments in the United States and Europe erroneously believe they can create prosperity in the private sector.

Evan G. Greenberg, chairman and chief executive officer of ACE, says governments in the United States and Europe erroneously believe they can create prosperity in the private sector.

The most recent ruling from the Louisiana Supreme Court lifts a stay on a judgment of more than $100 million against Louisiana Citizens Property Insurance Corp. in favor of more than 18,500 policyholders.

The most recent ruling from the Louisiana Supreme Court lifts a stay on a judgment of more than $100 million against Louisiana Citizens Property Insurance Corp. in favor of more than 18,500 policyholders.