Commercial Lines

The U.S. weather agency NOAA predicted a slightly more active 2012 Atlantic hurricane season on Thursday, saying warming seas and the late arrival of El Nino would bring near-normal to above-normal storm activity.

The U.S. weather agency NOAA predicted a slightly more active 2012 Atlantic hurricane season on Thursday, saying warming seas and the late arrival of El Nino would bring near-normal to above-normal storm activity.

Insurance companies have struggled to maintain a positive image for customer service, but it turns out that carriers might be doing a better job than banks, at least in keeping small-business consumers satisfied.

Property and casualty insurer employment rose in June for the fifth straight month, raising hopes that carriers have reversed the downward employment trend that began in 2008.

MGIC Investment Corp, one of the largest U.S. mortgage insurers, is caught between a weak housing market and a very big customer, raising questions about the future of the money-losing company that writes 20 percent of private mortgage guarantees.

MGIC Investment Corp, one of the largest U.S. mortgage insurers, is caught between a weak housing market and a very big customer, raising questions about the future of the money-losing company that writes 20 percent of private mortgage guarantees.