Commercial Lines

Swiss Re is joining a $3 billion commitment between government and the private sector to increase investment in Africa with the aim of creating new business opportunities in agriculture.

An effort is underway to attach a long-term National Flood Insurance Program reauthorization and reform legislation to bipartisan drug legislation in the Senate.

An effort is underway to attach a long-term National Flood Insurance Program reauthorization and reform legislation to bipartisan drug legislation in the Senate.

A magnitude 6.0 earthquake on Sunday in northern Italy has damaged or destroyed historical structures, churches, warehouses and factories.

The insurance industry held more than $1.1 billion of JPMorgan stock when the bank announced a trading loss of $2 billion on May 10, but most companies should escape any long-term fallout on their portfolios, reports SNL Financial.

Dog bite claims increased 16 percent in 2011 compared to 2010, and have grown close to 48 percent since 2003, according to figures released by the insurance industry.