Insurance agents have a lot to offer start-up businesses besides just insurance-coverage opportunities and advice, says a Travelers executive.

The Allstate Corp. today issued a second-quarter catastrophe-loss estimate of $820 million on a pre-tax basis.

As the workers compensation line continues to experience poor underwriting results and strong momentum toward rate increases, more companies are turning toward forming captives to combat rising costs, a Marsh executive says.

A story last week that Nationwide would not cover claims from fracking has created some confusion and should never have been a story in the first place, says Robert Hartwig, president of the Insurance Information Institute.

All indicators point to continued firming of the insurance and reinsurance markets for the rest of this year into next, as underwriting margins continue to deteriorate and investments deliver lackluster returns, an analysts report says.

National Public Finance Guarantee Corp. says it has $33 million in municipal bond exposure to the city of San Bernardino, Calif., as the city becomes the third in the state this year to file for bankruptcy protection.

National Public Finance Guarantee Corp. says it has $33 million in municipal bond exposure to the city of San Bernardino, Calif., as the city becomes the third in the state this year to file for bankruptcy protection.

The final report on the crash of the Air France flight that took the lives of the crew and 228 passengers will not impact rates, but will bring pilot training to the attention of underwriters, says a broker from Willis Group Holdings.