Underwriting
FDA Moves to Protect Blood Supply After Florida Zika Reports
The U.S. Food and Drug Administration has ordered blood banks in Florida's two most densely populated counties to stop collecting blood as health officials determine whether Zika has begun ...
Kemper Wins A.M. Best Ratings Affirmation, Plus Warnings of Limited Growth
Kemper Corp. won some ratings affirmation validation from A.M. Best, but that good news is paired with a warning of the insurer's limited growth potential down the line. A.M. Best affirmed the ...
The Hanover Barely Ekes Out Q2 Profit, Thanks to Losses at Lloyd’s Chaucer Arm
The Hanover Insurance Group barely eked out a profit in the 2016 second quarter; large losses and catastrophe hits sustained by its Chaucer division are generally to blame. Net income came in at $2 ...
Sports-Related Brain Injury Insurance Claims Poised to Spike: S&P
Insurance claims could spike for sports-related brain injuries in the U.S. and U.K., thanks to increased awareness in both countries and a high-profile settlement involving National Football League ...
QBE in Hong Kong: Insurer Will Distribute General Insurance Cover Through Manulife Agents
QBE will start supplying general insurance products in Hong Kong for distribution through Manulife's agents. The exclusive distribution agreement is between divisions of both companies: Manulife ...
Swiss Re Q2 Profit Hampered by Higher Catastrophe Claims
Swiss Re AG, the world's biggest reinsurer, said profit fell in the second-quarter as the company paid more for catastrophe claims including earthquakes in Japan and forest fires in Canada. Net ...
It’s Pokémon Go Time for Insurers
Whether they're getting stuck in trees, sinking into the mud or wandering into traffic, distracted players of Pokémon Go have been getting into all kinds of trouble this summer. But what do their ...
Northeast Drought Could Have Staying Power Through Fall
At Lavoie's Farm in New Hampshire, beans and corn haven't broken through the ground yet and fields of strawberries are stunted. The drought that has taken hold in the Northeast is especially felt at ...