Underwriting
Traffic Deaths in Fracking Towns are Deadly Side Effect of Booming Business
Booming production of oil and natural gas has exacted a little-known price on some of the nation's roads, contributing to a spike in traffic fatalities in states where many streets and highways are ...
What’s Next for Cyber Insurance?
There's a saying in the cybersecurity industry that there are two types of businesses today: those that have been breached and know it, and those that have been breached and just don't know it. ...
As Expected, Munich Re’s Net Profit Fell During Q1
The world's largest reinsurer, Munich Re, reported an almost 5 percent drop in net profit in the first quarter, as a strong euro dragged down premium income. "Despite negative currency effects, we ...
Allstate Execs Insist Esurance Is Making Progress
Three years ago, Allstate snatched up direct-to-consumer insurer Esurance, and made it a wholly owned subsidiary, in a bid to reach younger customers through its vast online self-directed consumer ...
California Comp Underwriting Profit Unlikely in 2014: Fitch
Although premium rate increases and market reforms will help to improve the underwriting results of California workers compensation insurance writers, they will still see underwriting losses in the ...
GEICO Led Personal Auto Pack in 2013 Premium Growth: SNL Financial
GEICO Corp. beat out its competitors in premium growth in 2013 and reported one of the best underwriting margins among the top 20 U.S. auto insurers. According to a report by SNL Financial, GEICO's ...
Allstate’s Quarterly Profit Grows With Higher Insurance Premiums
Allstate Corp, the largest listed U.S. home and auto insurer, reported a better-than-expected quarterly profit as it earned higher insurance premiums across its businesses. Premiums earned at the ...
Fitch: Commercial Auto Insurers Still Losing Money on Underwriting
The commercial automobile insurance segment of the U.S. property/casualty insurance industry reported a third consecutive year of underwriting losses, according to Fitch Ratings. The combined ratio ...