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Massachusetts Insurance Commissioner Joseph G. Murphy says his office has reached an agreement with the state’s Workers’ Compensation Rating and Inspecting Bureau and the Attorney General’s Office to hold workers’ comp. rates steady until at least September 2012.

Massachusetts Insurance Commissioner Joseph G. Murphy says his office has reached an agreement with the state’s Workers’ Compensation Rating and Inspecting Bureau and the Attorney General’s Office to hold workers’ comp. rates steady until at least September 2012.

The earthquake and tsunami in Japan, as well as other catastrophic events recently, should make it clear to companies that there are no events that cannot be planned for.

Any number of risks can doom a merger or acquisition, including the often hidden exposure of environmental risks, such as underground storage tanks, according to an industry white paper.

A.M. Best Co. has revised The Hartford Financial Services Group’s outlook to stable from negative, reflecting the “financial strength and creditworthiness” of the company’s property and casualty and life operating companies.

Aon Benfield launched what it says is the first storm-surge model for Germany to help reinsurers and insurers quantify risk in an “underdeveloped line of coverage.”