Commercial Lines

Rating agency Standard & Poors says it does not expect Hurricane Irene to affect the industrys creditworthiness and it expects few, if any rating changes as a result of the storm.

Catastrophe modeler AIR Worldwide says it expects between $3 billion and $6 billion in insured losses in the U.S. from Hurricane Irene.

Catastrophe modeler AIR Worldwide says it expects between $3 billion and $6 billion in insured losses in the U.S. from Hurricane Irene.

The storm largely spared NYC--but still caused extensive damage up and down the East Coast--and into Vermont.

Confusion and clarifications surround reported initial insured-loss estimates from catastrophe modelers following Hurricane Irene.

Confusion and clarifications surround reported initial insured-loss estimates from catastrophe modelers following Hurricane Irene.

Hurricane Irene, by itself, will not impact pricing in the property and casualty insurance industry, but it will add to a growing list of events that could combine to put some pressure on the market.

Tropical Storm Irene's trek up the East Coast caused less damage than many had feared, a bit of reassuring news for a fragile economy.