Commercial Lines

The House last night passed a five-year National Flood Insurance Program extension as part of a larger, controversial bill extending some tax cuts while also seeking budget cuts.

The House last night passed a five-year National Flood Insurance Program extension as part of a larger, controversial bill extending some tax cuts while also seeking budget cuts.

William M. Rohde Jr. has been named senior vice president of W.R. Berkley Corp.

Europes run-in with severe Windstorm Friedhelm is not expected to produce significant insurance claims despite hurricane-force wind gusts, say experts.

Insurance brokers Aon and Marsh & McLennan Companies and seven insurers joined a group of 190 companies with a perfect 100 score on this year's Human Rights Campaign Foundations Corporate Equality Index.

Insurers look set to absorb natural catastrophe claims of over $100 billion in 2011, more than double the total for 2010, making it the second most costly natural disaster year on record, reinsurer Swiss Re said.

For the second straight quarter, all standard commercial lines showed an increase in pricing, but it isnt enough to keep up with loss costs.

For the second straight quarter, all standard commercial lines showed an increase in pricing, but it isnt enough to keep up with loss costs.