Commercial Lines

U.S. insurers saw their collective net income jump by 50 percent in 2012 compared to 2011, and this year the industry looks as if it will benefit from some favorable trends in both the insurance market and the economy at large, even as it deals with some familiar challenges, according...

N.Y. State Supreme Court upholds insurance departments decision to split MBIA in two, but yesterday, subsidiary National Public Finance Guarantee Corp. revealed it has more than $100 million in general-obligation-debt exposure to the city of Detroit.

N.Y. State Supreme Court upholds insurance departments decision to split MBIA in two, but yesterday, subsidiary National Public Finance Guarantee Corp. revealed it has more than $100 million in general-obligation-debt exposure to the city of Detroit.

Commercial-insurance rates were up by 4 percent in February compared to the same month a year ago, but different industry classes led the charge on increases compared to months prior, according to MarketScout.

Commercial-insurance rates were up by 4 percent in February compared to the same month a year ago, but different industry classes led the charge on increases compared to months prior, according to MarketScout.

Hartford Financial Services Group says it made an accounting error when reporting its third-quarter earningsa mistake that now puts the insurer in the red for 2012.

Ambac Financial Group Inc. reversed a fourth-quarter loss thanks to lower losses from claims and expenses, and higher income from investments.

For producers and carriers looking for opportunities in the energy sector, one word sums up where a lot of the growth is occurring: alternative. Click to read the perspectives of several of the top minds on Energy insurance and the forward edge of alternative energy.