Auto insurer Progressive Corp. reported 2Q results showing improvement over a year ago, boosted by a gain in its investment portfolio, but results missed Wall Street expectations.

The Hartford, in announcing preliminary 2011 second-quarter results, says it expects to report net income of approximately $24 million, which would be down from net income of $76 million in the 2010 second quarter.

A quiet second-quarter catastrophe-bond market reflects the desire among investors to put their money into places other than U.S. hurricane risks, a report from Willis Group Holdings says.

How iTunes can teach risk professionals about the major metrics and standards used to sort and organize a risk library.