Commercial Lines

Berkshire Hathaway Inc. CEO Warren Buffett said he has stage 1 prostate cancer but his condition "is not remotely life-threatening or even debilitating in any meaningful way."

The 108.2 combined ratio posted by the private property and casualty industry in the U.S. was the worst since 2001.

Pennsylvania has become the first of four states needed to approve a merger between Nationwide Mutual Insurance Co. and Harleysville Mutual Insurance Co.

Pennsylvania has become the first of four states needed to approve a merger between Nationwide Mutual Insurance Co. and Harleysville Mutual Insurance Co.

Mississippi's governor signed a bill which avoided the possibility of 75,000 properties having to secure more expensive private insurance.

Due to low catastrophe activity Keefe, Bruyette and Woods expects good first-quarter earnings for the property and casualty insurance industry.

Due to low catastrophe activity Keefe, Bruyette and Woods expects good first-quarter earnings for the property and casualty insurance industry.

Employment for property and casualty insurers fell in February compared to January, continuing a trend that began in 2008 during which P&C insurers have shed nearly 11,000 jobs, Insurance Information Institute President Robert Hartwig says.