Commercial Lines

Warren Buffetts Berkshire Hathaway more than doubled first-quarter net income as its insurance businesses turned in a net-underwriting profit of $54 million compared to a loss of $821 million a year ago.

Driven by profits in all core business unitsespecially its property and casualty insurance unitAmerican International Group Inc.s first-quarter net income climbed more than 147 percent.

Driven by profits in all core business unitsespecially its property and casualty insurance unitAmerican International Group Inc.s first-quarter net income climbed more than 147 percent.

State Auto Financial Corp. reports a net loss of $2 million for the first quarter of this year as the combination of underwriting loss and increased expense weighed on results.

A new multi-industry push for a National Flood Insurance Program extension, the state of pricing in the industry, and more.

An informal poll of Manufacturing insurance pros reveals the top risk concerns of insureds, and just how intertwined the exposures in this market can be.

While Workers Comp, Product Recall and Supply Chain Management remain the greatest coverage concerns for manufacturers, Cyber Liability is also becoming a top-of-mind issue, producers say.

Led by severe weather, especially tornadoes, in the United States, global insured losses for the month of April are close to $1 billion, says Aon Benfield.