Commercial Lines

Rate increases are likely to continue as reserve releases decline and carriers realize minor returns on their investment portfolios, says a financial analyst with Stifel Nicolaus.

Firefighters battled wildfires across the U.S. West on Tuesday, including a massive out-of-control blaze that has destroyed at least 60 homes and burned more than 28,000 acres between two national forests in Washington state.

A federal court of appeals is sending back to district court a $72 million settlement General Reinsurance Corp. had with investors to resolve a securities class-action lawsuit.

A round of storms in late June and early July has amounted to the third costliest insurance event in Ohio history with estimated insured losses of at least $433.5 million.

A round of storms in late June and early July has amounted to the third costliest insurance event in Ohio history with estimated insured losses of at least $433.5 million.

Despite rising rates and second-quarter performance that met or beat estimates for most insurers, the outlook for the industry is considered challenging, according to one analyst firm, as loss trends are picking up in personal lines and investment income is worsening across the industry.