Commercial Lines

Mayfield Village, Ohio-based auto insurer Progressive reports net income for September was down 6 percent and down 42 percent for the quarter compared to the previous year.

Mayfield Village, Ohio-based auto insurer Progressive reports net income for September was down 6 percent and down 42 percent for the quarter compared to the previous year.

There were 2,100 fewer jobs in the insurance industry for the month of August, with property and casualty insurance carriers, agents and brokers taking the biggest hit of the nine industry segments.

Risk Management Solutions revised catastrophe model has already been mentioned as a reason for insurers rate increases for some property risks, but how are brokers and insureds handling the news that premiums are going up, in part due to a model revision?

Cincinnati Insurance Companies and Selective Insurance Group collectively report close to $200 million in catastrophe losses for the third quarter of this year, a significant portion of which was cause by Hurricane Irene.

Oct. 12 (AP) Hurricane Jova slammed into Mexico's Pacific coast as a Category 2 storm early Wednesday, swamping beach towns and causing floods in the mountains above.

Hurricane Jova bore down on Mexico's Pacific coast on Tuesday, threatening to hit one of the country's busiest cargo ports and tourist resorts with destructive waves, heavy rainfall and flooding

In a survey of independent agents, Frankenmuth Insurance topped the list of carriers that are easiest to do business with