Commercial Lines

A major shareholder advisory firm has recommended shareholders of Transatlantic Holdings vote against its proposed merger with Allied World Assurance.

The Thursday decision of the Senate Banking Committee to support the idea of splitting the difference on the wind-v-water issue is setting off a fierce, albeit behind-the-scenes, lobbying campaign within the insurance industry.

The Thursday decision of the Senate Banking Committee to support the idea of splitting the difference on the wind-v-water issue is setting off a fierce, albeit behind-the-scenes, lobbying campaign within the insurance industry.

Insured losses from catastrophic events for the 2011 first half increased 141 percent over the same period last year, but the disasters claimed significantly less lives according to a report from Swiss Re.

Carrier executives, brokers, catastrophe modelers and risk managers talk to NU about how the industry has changed in the 10 years since 9/11.

Tropical Storm Nate, one of three current Atlantic tropical cyclones, appears to be tracking south of yesterdays forecast and now looks as if it will make landfall in the middle portion of Mexico.

Legislation reauthorizing the National Flood Insurance Program until Sept. 30, 2016 was reported to the Senate floor today by the Senate Banking Committee.

Legislation reauthorizing the National Flood Insurance Program until Sept. 30, 2016 was reported to the Senate floor today by the Senate Banking Committee.