Insurance rates are showing signs of stability despite the catastrophe losses earlier this year, but catastrophe-exposed risks in North America will probably see increases in the mid-single-percent range, according to a report from Willis Group Holdings.

Insurance rates are showing signs of stability despite the catastrophe losses earlier this year, but catastrophe-exposed risks in North America will probably see increases in the mid-single-percent range, according to a report from Willis Group Holdings.

First-quarter catastrophes could have a negative impact on the property-catastrophe market as underwriters deal with a combination of losses and changes to their risk profile, according a brokers report.

Simultaneous reports were released from Willis, Lockton, and Fitch discussing pricing trends, underwriting results, and catastrophe impacts on the commercial insurance market. We help you make sense of it all by providing a summary of each inside.

Ambac Assurance’s segregated account will not begin to make claims payments beginning in May because regulatory officials are not comfortable with the company’s ability to pay claims, officials say.

Industry reports released over the past week show that plenty of capacity still remains for property and casualty lines, but the direction of pricing remains uncertain.

Amidst news today that 9/11 mastermind Osama bin Laden had been killed, PropertyCasualty360 compiled this special report on the event by speaking with brokers on how it could affect the insurance market, explaining why TRIA matters more today than ever, and examining social networking's role in measuring terrorism risk.

The death of Osama bin Laden will have no immediate impact on the terrorism insurance market, but any reprisal could change all of that quickly, a broker says.