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Volkswagen AGs diesel-cheating affair deepened as the European Union urged all 28-member countries to start their own investigations and the scandal threatened to ensnare rival BMW AG.

Also compares forecasts for the 2015 hurricane season from several market experts, including NOAA and Colorado State University.

AIG bought a controlling interest in NSM Insurance Group as it seeks to expand niche offerings.

More competitive P&C insurance premium rates plus higher catastrophe losses in 2015 are leading to toward break-even underwriting results and lower ROEs.

Things are looking up in the construction industry. Private nonresidential construction spending increased nearly 13% to $187.5 billion in the first seven months of 2014, according to Fitch Ratings, compared to just more than 1% last year. Through August, housing starts were up 8% from the prior year, according to...

Surplus lines underwriters outperformed the P&C insurance industry's combined ratio by an average of 10 percentage points for the 2009 to 2013 period, according to a new report by Fitch Ratings.

Surplus lines underwriters outperformed the P&C industrys combined ratio by an average of 10 percentage points for the 20092013 period.

Surplus lines underwriters outperformed the P&C industrys combined ratio by an average of 10 percentage points for the 20092013 period.