If February is any indicator of future performance, Progressive Corp. may be on its way to achieving a combined ratio well below 96the number the insurers chief executive says is necessary to remain profitable.

If February is any indicator of future performance, Progressive Corp. may be on its way to achieving a combined ratio well below 96the number the insurers chief executive says is necessary to remain profitable.

A report from consulting firm Deloitte says the insurance industry appears to be primed for significant merger and acquisition activity following a 20 percent year-over-year drop last year.

A report from consulting firm Deloitte says the insurance industry appears to be primed for significant merger and acquisition activity following a 20 percent year-over-year drop last year.

Insurance broker Aon says insureds can expect Commercial Property rates to continue their modest rise through the first half of 2013, with Superstorm Sandy victims bearing the brunt of that increase.

Insurance broker Willis Group Holdings says it plans to eliminate 200 full-time positions after reporting a fourth-quarter net loss of more than $800 million.

Aspen Insurance Holdings chief executive says the insurer is reducing its earthquake and wind exposure in the U.S. Property insurance market due to the volatility of catastrophe risks.

Winter storms that delivered major snowfalls across the U.S. fueled P&C insurers cat-loss concerns in Februarybut the resulting level of claims proved to be modest, says Aon Benfield in its latest Global Catastrophe Recap.