Commercial Lines

Copper thieves have fueled a huge spike in claims for insurers of vacant and idle properties, but increased loss potential has not deterred competition in the residential and commercial property markets, experts say.

With stimulus dollars drying up, one area of ongoing opportunity in the builders risk line is in renovation and expansion work, both on the commercial and residential side.

We posed the question to more than 30 of the industry's top leadersplus politicians, a futurist, and Ken Feinbergand asked them to weigh in with their considerable expertise and experience.

We posed the question to more than 30 of the industry's top leadersplus politicians, a futurist, and Ken Feinbergand asked them to weigh in with their considerable expertise and experience.

Rating agency A.M. Best Co. says the deal reached in Washington to raise increase the U.S. debt ceiling does not get rid of uncertainty regarding the credit quality of U.S. government debt.

The Association of British Insurers says insurers are expecting significant losses of more than 100 million pounds ($162 million) from damages caused by rioting in boroughs of London and other cities.

Each year, the National Equipment Register and the National Insurance Crime Bureau track heavy equipment theft reports and compile a list of the most commonly stolen pieces of machinery. Here are the top 10.

Insurers and reinsurers will not be impacted by Standard & Poors U.S. sovereign rating downgrade, says the president of the Insurance Information Institute.