CFO / Financial
Travelers CEO on Signs of Recession: ‘Not Yet’
With inflationary effects still hitting the books of property/casualty insurers, including Travelers, analysts are worrying about the next macroeconomic shoe to drop—a recession. But the leader of ...
Florida Regulators, FAIA Slam Demotech for Reported Plans to Downgrade 17 Carriers
Florida's top insurance regulators and the Florida Association of Insurance Agents on Thursday blasted the Demotech financial rating firm after the organization reportedly notified 17 insurers that ...
Viewpoint: Don’t Leave a Legacy of Legacy Systems
Insurers are not typically thought of as disruptors. You know, the ones anticipating change, willing to ride the waves, and making drastic changes based on where the market will be rather than merely ...
Progressive Corp. Records Second-Quarter Loss
Progressive Corp. said Friday it recorded a loss of about $543 million for the second quarter 2022 and a loss of $436.7 million in June. To date, Progressive is in the red with a bottom-line net loss ...
Keeping Up With Inflation: Applied Underwriters Bumps Salaries Up 10%
Applied Underwriters on July 11 said it increased staff salaries across the board by 10 percent to keep up with inflation and its implications. The dramatic adjustment, far outpacing industry ...
Lloyd’s Prefers to Stay in Landmark London Headquarters, With the Right Terms
Lloyd's has decided to stay in its landmark headquarters building at One Lime Street in London – as long as it receives acceptable terms for the renewal of its lease. In January, the market ...
Is Expertise a Liability? How Negative Feedback Impacts Decisions of CFOs, VCs, Other Experts
Financial strategists, medical advisers and venture capitalists that are considered experts in their fields play a crucial role in major organizations but are more likely than novices to make ...
Midyear Update 2022: Transitions
The theme of transitions is a fitting one, which ties together many of the articles in Carrier Management's midyear digital magazine. We're publishing soon after the start of summer, and the weather ...