Commercial Lines

The new rates on homeowners' and dwelling fire policies take effect on Jan. 1 for new and renewal multi-peril business, and Feb. 1 for new and renewal wind-only business.

Mayfield Village, Ohio-based auto insurer Progressive reports net income for September was down 6 percent and down 42 percent for the quarter compared to the previous year.

Mayfield Village, Ohio-based auto insurer Progressive reports net income for September was down 6 percent and down 42 percent for the quarter compared to the previous year.

There were 2,100 fewer jobs in the insurance industry for the month of August, with property and casualty insurance carriers, agents and brokers taking the biggest hit of the nine industry segments.

Hackers, known for going after large organizations to steal data, now have an eye toward easy pickings in smaller companies, according to Markels IT and data-privacy underwriting expert.

Hackers, known for going after large organizations to steal data, now have an eye toward easy pickings in smaller companies, according to Markels IT and data-privacy underwriting expert.

Risk Management Solutions revised catastrophe model has already been mentioned as a reason for insurers rate increases for some property risks, but how are brokers and insureds handling the news that premiums are going up, in part due to a model revision?

Cincinnati Insurance Companies and Selective Insurance Group collectively report close to $200 million in catastrophe losses for the third quarter of this year, a significant portion of which was cause by Hurricane Irene.