With pricing showing signs of stabilizing, and solid capital adequacy and balance-sheet strength, Moodys Investors Service has revised its outlook on U.S. commercial insurance to stable from negative.

With pricing showing signs of stabilizing, and solid capital adequacy and balance-sheet strength, Moodys Investors Service has revised its outlook on U.S. commercial insurance to stable from negative.

Recent catastrophe losses have provided momentum for reinsurance rates to harden, and demand for reinsurance is expected to pick up, leading Moodys Investors Service to revise the sectors outlook to stable from negative.

A tropical storm warning has been issued for areas along the Gulf Coast, including New Orleans as Tropical Storm Lee travels erratically toward the northwest.

A tropical storm warning has been issued for areas along the Gulf Coast, including New Orleans as Tropical Storm Lee travels erratically toward the northwest.

Hurricane Irene is expected to be primarily an insurance event, rather than a reinsurance event, given the relatively moderate level of insured losses expected, according to Moodys Investors Service.

Hurricane Irene is expected to be primarily an insurance event, rather than a reinsurance event, given the relatively moderate level of insured losses expected, according to Moodys Investors Service.

Typhoon Nanmadol weakened to a tropical depression after hitting Taiwan on its way to Chinas east coast, and catastrophe modeler Eqecat estimates the storm caused between $200 million and $500 million in insured losses for Taiwan.