Underwriting
Old Mutual to Expand Products in Kenya As Sales Expected to Surge
Old Mutual Plc, the U.K.'s third- largest insurer by market value, expects to sell more life- insurance products and begin offering general coverage in Kenya, where premium income is expected to ...
Travelers to Exit Flood Insurance Write-Your-Own Program
The Travelers Companies said it plans to discontinue its participation as a Write-Your-Own (WYO) company in the National Flood Insurance Program. Travelers is selling its WYO policy renewal rights ...
Builder Deaths Climb First Time Since 2006
Deaths among U.S. construction workers climbed last year for the first time since before the financial crisis amid a building rebound. On-the-job fatalities in the private construction segment rose 5 ...
States Weaken Commercial Host Liability Laws: Study
A new report says that in recent years many states have enacted legislation to protect retailers from commercial host liability by increasing the evidentiary requirements, limiting the amount of ...
P/C Earnings Soar in Q2; Specialty Insurer Premiums Grow Most: Moody’s
In spite of slowing rate hikes, property/casualty insurers rated by Moody's reported an aggregate 58 percent jump in bottom-line results for second-quarter 2013, with combined ratio improvements and ...
Obamacare, Tepid U.S. Growth Fuel Part-Time Hiring
U.S. businesses are hiring at a robust rate. The only problem is that three out of four of the nearly 1 million hires this year are part-time and many of the jobs are low-paid. Faltering economic ...
Most Insurers Expect to Boost Revenues, Add Jobs in Next 12 Months: Survey
The majority of property/casualty insurers are expecting to hire more staff over the next 12 months, according to a survey from insurance recruiting firm The Jacobson Group and consulting firm Ward ...QBE Profit Plunges 37%; CEO Neal Targets Costs
QBE Insurance Group Ltd., Australia's largest insurer by market value, fell the most in nine months in Sydney trading after reporting a 37 percent drop in first-half net income. QBE shares were 8.3 ...