Chubb Corp. says it estimates pretax losses of between $400 million and $475 million from catastrophes in the third quarter due to nine events in the United States.

Chubb Corp. says it estimates pretax losses of between $400 million and $475 million from catastrophes in the third quarter due to nine events in the United States.

The insurance industry in Michigan says it is looking to stabilize the states no-fault automobile system before costs get out of control.

The insurance industry in Michigan says it is looking to stabilize the states no-fault automobile system before costs get out of control.

Catastrophe losses in 2011 will reach the $1 billion mark for American Family Insurance.

Catastrophes continued to impact carriers through August, with personal-lines insurers reporting elevated claims activity for the month.

Is the specialty-transportation market hard, flat or soft? It depends on who you ask as opinions vary widelygenerally a sure sign of a line whose pricing is in a time of transition.

Insurance chief financial officers say current market conditions will result in increased mergers and acquisitions, according to data from a Towers Watson survey.