Large-scale weather events in the U.S. dominated insurance losses in 2012, pushing global insured claims for the year to $77 billion, says a report from Swiss Re.

Despite initial concerns about the impact of Superstorm Sandy on 2012 results, a collection of U.S. P&C insurers reported manageable underwriting losses for the year, according to ALIRT Insurance Research.

Congress is taking one of its first steps toward oversight of Federal Insurance Office activities by questioning the FIO's stance on key international insurance regulatory proposals.

The Hartford is looking to be the "go-to carrier" for midsize and large commercial contractors with a new hire and by enhancing its construction group capabilities.