Commercial Lines

A tenuous truce has been forged between federal and Florida emergency-management officials over a bill passed by the Florida legislature that could potentially leave 2.06 million Florida property owners without flood insurance just as the hurricane season nears its peak in July.

State Auto Financial Corp. says results for the first quarter will include pre-tax catastrophe losses of between $19 million and $21 million. Cincinnati Financial says it expects pre-tax catastrophe losses from its group of insurance companies of between $85 million and $95 million.

Chartis has rolled out Leaders Risk Protector, a modular-insurance plan designed for schools, associations and public entities and the exposures of their employees and management staff.

The Insurance Agents & Brokers of Maryland is applauding the state legislatures passage of a law that no longer requires insurers to send notices for de minimis premium increases on commercial policies.

The Insurance Agents & Brokers of Maryland is applauding the state legislatures passage of a law that no longer requires insurers to send notices for de minimis premium increases on commercial policies.

The directors & officers liability market is an unpredictable, mispriced and likely under-reserved mess of cases waiting in many courts. And while rates are up in this sector, observers say that isnt enough to tip the scales.