Commercial Lines

American International Group is in need of effective, comprehensive and rigorous regulation to ensure history does not repeat itself at the insurance giant, says a new regulatory report.

Firefighters in three Nebraska counties battled expanding wildfires on Wednesday and an Arkansas town of 1,300 people was evacuated because of an approaching fire, as the central part of the United States suffered through another day of stifling heat.

Firefighters in three Nebraska counties battled expanding wildfires on Wednesday and an Arkansas town of 1,300 people was evacuated because of an approaching fire, as the central part of the United States suffered through another day of stifling heat.

Liberty Mutuals chief executive left no doubt on where he believes the blame lies for inadequate workers compensation rate levels, criticizing statesNew York and Massachusetts in particularfor not approving steeper increases.

Property and casualty insurers are facing catastrophe losses that are at an historic high, which is impeding profitability and growth, but capital levels remain healthy the Financial Stability Oversight Council says in a new report.

Property and casualty insurers are facing catastrophe losses that are at an historic high, which is impeding profitability and growth, but capital levels remain healthy the Financial Stability Oversight Council says in a new report.