Moody's says the FASB's decision not to seek convergence with the IASB on insurance contracts is negative for global investors, but U.S. insurance associations expressed support for the move.

Commercial-lines insurers were lucky in 2013 as they enjoyed mild weather and more-favorable equity markets, but ultimately results were unimpressive, and improvement in combined ratios may already be slowing, according to analyst firm Nomura.

Commercial-lines insurers were lucky in 2013 as they enjoyed mild weather and more-favorable equity markets, but ultimately results were unimpressive, and improvement in combined ratios may already be slowing, according to analyst firm Nomura.

Medical providers who see reductions in revenue from health insurers due to Obamacares cost-containment measures may try to increase the volume and mix of services that can be billed to property and casualty carriers to compensate, a new report contends.

Medical providers who see reductions in revenue from health insurers due to Obamacares cost-containment measures may try to increase the volume and mix of services that can be billed to property and casualty carriers to compensate, a new report contends.

Mild weather and positive commercial-pricing trends bolstered insurers 2013 results and, consequently, bonus payouts are largely up for the year. But the success of 2013 may set the bar considerably high for bonuses in 2014.

The National Corvette Museums agent is happy with how coverage was placed and says there are no coverage concerns regarding the sinkhole that claimed eight vehicles Wednesday morning. Meanwhile the last remaining 1983 Corvette continues its remarkable survival as it avoids damage in the incident.

Personal auto remains competitive as monoline insurers drive down rates, but increases available for homeowners and, so far, for commercial risks.