Commercial Lines

Tom Ridge, the first homeland security chief under President George W. Bush, says companies face more risk of cyber attacks similar to those that struck JPMorgan Chase & Co., Home Depot Inc. and Target Co.

Because capacity increased at a higher rate than that of profits, the industry rate of return fell. Winter and spring catastrophes also contributed to weaker underwriting performance.

Slow and steady wins the race, as the composite rate for commercial insurance coverage in the US rose an average of 1.5% in September.

Travelers' second annual Consumer Risk Index measures U.S. citizens' general perception of risk in daily life.

Municipal bond insurers are capturing the most market share since 2009 as Detroits bankruptcy and Puerto Ricos struggles underscore the value of the coverage to investors in the $3.7 trillion market.

Municipal bond insurers are capturing the most market share since 2009 as Detroits bankruptcy and Puerto Ricos struggles underscore the value of the coverage to investors in the $3.7 trillion market.