Commercial Lines

Hurricane Sandy, a storm that forecasters say is on a scale with little precedent on the East Coast, is likely to trigger a significant volume of commercial property claims, according to Willis, the global insurance broker.

The Starrlink portal provides agents with access to all previously issued policy documents, inclusive of but not limited to, the policy itself, endorsements and certificates.

Hurricane Sandy pounded the Bahamas with battering winds and rain on Friday, sweeping over the island chain after killing 21 people across the Caribbean and posing a menacing threat to the U.S. East Coast.

Chubb Corp. reports a jump in third-quarter net income of nearly 80 percent, as the company benefited from a significant drop in catastrophe losses compared to the same period last year.

As Hurricane Sandy makes its way toward the eastern seaboard of the United States, disaster experts and meteorologists warn that the mid-Atlantic and Northeastern states face dangerous winds and heavy rains that could trigger flooding in the coming days.

Berkshire Hathaway CEO Warren Buffett says the world's economic situation is volatile, but he remains positive.