Truck, big rig, commercial auto

Q2 Survey: P/C Commercial Rate Hikes Keep Slowing

In some sobering news for commercial property/casualty insurers, the 2014 second quarter brought slower rate increases and even some price dips. That’s according to the latest quarterly survey of ...
Denis Kessler

SCOR Scores in the First Half of 2014

SCOR, the French reinsurance giant, said it produced healthy results in the 2014 second quarter and the first half of the year, driven, in part, by a lower level of natural catastrophes than ...
Black Percent Symbol With An Arrow Down

Rate Slump Has Led to ‘Naive’ Risk Taking: JLT

Jardine Lloyd Thompson Group Plc’s Dominic Burke said the worst slump in prices for insurance policies since Sept. 11, 2001 has led some insurers to take on too much risk to win business. Burke, ...
Allied World

Allied World’s Sales Dip, Stock Drops

Allied World Assurance Co., the seller of aviation and environmental insurance, fell the most since February as second-quarter profit missed analysts’ estimates amid a decline in sales. ...
Travelers CEO Jay Fishman Speech On Economy

Cat Losses Ding Travelers’ Q2 Net Income

The Travelers Cos. began 2014 with a bang, giving investors a first quarter of soaring net and operating income, thanks in part to a major acquisition. For Q2, however, higher catastrophe losses ...