Commercial Lines

Jay Fishman, who engineered the merger between St. Paul Cos. and Travelers Property Casualty Corp. then steered the insurer through the financial crisis and into the Dow Jones Industrial Average, is stepping down as chief executive officer because of his health.

BMW AG, Audi AG and Daimler AG will buy Nokia Oyjs digital-map unit for 2.8 billion euros ($3.1 billion) to gain technology for connected cars that will eventually be the basis for self-driving vehicles.

American International Group Inc. more than doubled its dividend and increased its share buyback by $5 billion after asset sales helped build up cash, even as results slumped at some of the main insurance operations.

Allstate Corp., the largest publicly traded U.S. auto and home insurer, said second-quarter profit plunged 45 percent on a surge in claims from automobile coverage.

Geico announced it is expanding a new rideshare insurance product to drivers in Pennsylvania.

Geico announced it is expanding a new rideshare insurance product to drivers in Pennsylvania.

Here's a look at some of the major changes facing the industry in the next few years.

Claims personnel are often called to a building with a large loss caused by water leakage from underground water piping systems and investigating the cause is an integral part of the claims adjustment process.