Munich Re, the worlds biggest reinsurer, said profit this year is expected to decline 9.1% as prices charged by the industry are in decline.

Syncora Guarantee Inc., the bond insurer fighting Detroits debt-cutting plans, said it may cancel insurance it wrote for interest-rate swaps that the city is seeking to terminate with an $85 million settlement.

SMA's research on Google and insurance struck a nerve with many in the industry. Google is bringing an outside-in, customer-driven approach to innovation that is causing insurers to rethink, reimagine, and reinvent their visions of a technology enabled future.

Esurance added a new video feature to its Esurance Mobile app that enables policyholders to talk to appraisers in real time to get a damage estimate on the spot.