E&S/Specialty

The Hartford says it took a second-quarter net loss of $101 million due to a debt it paid to Allianz SE.

After reporting an increase in second-quarter profit, American Financial Group says it has reduced its earnings guidance for 2012 over potential losses in its crop-insurance line.

Increases in losses primarily from accident-year property exposures in 2011 that were not reported until the second quarter this year resulted in Meadowbrook Insurance Group Inc. reporting a net loss of $7.7 million for the period.

Wards analyzed the financial performance of 3,000 P&C insurers domiciled in the United States and identified the top 50 performers in terms of safety and consistency screens and achieved superior performance over the five years analyzed.

Pennsylvania State University has enough insurance coverage to deal with lawsuits that might result from its child sexual abuse scandal, President Rodney Erickson said.

Whats so special about the Olympics? For an insurance broker, dispensing with the excitement of the moment, the Olympics are just another sporting event, but on a grander scale, say some experts.