Personal Lines

An Illinois appellate court has affirmed a trial courts decision that a homeowners insurance carrier had no duty to defend its insured in a lawsuit where a man alleged the insured stabbed him with a knife in a fistfight, finding that the lawsuit failed to allege an accident.

Hartford Financial Services Group Inc., the insurer thats been focusing on property-casualty coverage, is near a deal to sell Japan operations to Orix Corp., according to two people with knowledge of their talks.

Hartford Financial Services Group Inc., the insurer thats been focusing on property-casualty coverage, is near a deal to sell Japan operations to Orix Corp., according to two people with knowledge of their talks.

Legislation that effectively kicks down the road efforts to restore solvency to the NFIP was overwhelming approved by the Senate late yesterday and sent to the president for signature.

Legislation that effectively kicks down the road efforts to restore solvency to the NFIP was overwhelming approved by the Senate late yesterday and sent to the president for signature.

Uncertainty and risk aversion trumped other, more favorable mergers and acquisitions factors present in 2013 to drive U.S. property and casualty M&A activity to its lowest level since the 2008-09 fiscal crisis, a new report says.