Commercial Lines

Hartford Financial Services Group Inc. sees lower credit losses in the third quarter and said it has no direct exposure to sovereign European debt.

The property and casualty sector should see some premium growth in the third quarter, and rate cutting seems to have slowed or even stopped, according to a Keefe, Bruyette & Woods analysis, but the report says that with the weak economy, we continue to have a dim view on growth...

Insurance carriers understand that there are no easy answers to the earnings challenge the industry is facing, and some of them believe that competing on price alone is not the answer to finding new commercial markets.

State Farm Florida Insurance Co. says it is getting out of several businesses it does not specialize in so that other specialized carriers can provide the coverage.

The House today overwhelmingly passed legislation that includes a provision extending the National Flood Insurance Program until Nov. 18.

The House today overwhelmingly passed legislation that includes a provision extending the National Flood Insurance Program until Nov. 18.

Standard & Poors has revised the outlook on Liberty Mutual Group Inc.s A-minus insurer financial strength ratings to positive from stable, reflecting the groups improved 2010 results and 2011 first-half performance that compares favorably to peers.

Standard & Poors has revised the outlook on Liberty Mutual Group Inc.s A-minus insurer financial strength ratings to positive from stable, reflecting the groups improved 2010 results and 2011 first-half performance that compares favorably to peers.