Commercial Lines

BP Plc, which has paid more than $28 billion for the 2010 Gulf of Mexico oil spill, seeks to get $750 million of that back by convincing a Texas court that a missing comma allows the energy company access to Transocean Ltd.s insurance policies on the doomed Deepwater Horizon rig.

Starting today, PropertyCasualty360.com has a new look and a long list of new, digital-first features. Come check it out.

Starting today, the property and casualty industry coverage youve come to expect will come with a new look, and its one that we hope will make it easier for you to do your job, stay informed and participate alongside the rest of the online P&C community.

From September 10-14, a group of young business and financial leaders gathered in Montreaux, Switzerland at the fifth annual meeting of the G-20Y summit. The mission? To discuss sustainable prosperity in the face of a world increasingly at risk.

In an effort to help growing companies expand their services to more jurisdictions, ACE Group launched a division that will help in underwriting and other legal services.

Liability claims have been lower than expected in recent years, boosting insurers' profitability despite declining liability prices, according to Swiss Re's latest sigma study.