Performance
Towers Watson: Commercial Insurance Prices Rose Slightly in Q3
Commercial insurance prices grew on average about 3 percent in the 2014 third quarter compared to the previous year. It matched last quarter's uptick and halted more than a year of consecutively ...
Uber Insurer James River Jumps Into Junk-Rated Loans
The insurer that ride-sharing service Uber Technologies Inc. uses to protect drivers and passengers is going public, promoting how it's more willing than competitors to invest in junk-rated loans. ...
Moody’s: Weather and Competition Threaten Rising P/C Earnings
U.S. property/casualty insurers can celebrate higher overall earnings and premium levels in the 2014 third quarter versus the same period a year ago, Moody's Investors Service said in a new report. ...
Swiss Re: Emerging Markets to Push 2015 Premium Growth
Global non-life insurance direct premiums will grow moderately over the next few years, Swiss Re predicts in a new report. A surging emerging market is expected to generally balance out stagnant and ...
Hack Attack Hits Sony Pictures Entertainment Hard
Sony Pictures Entertainment said its computer system was down for a second day on Tuesday, following media reports of a major hacking attack aimed at the film and television studio. Before Sony ...
Polar Vortex is Spiking 2014 Winter Storm Losses: I.I.I.
Insured losses from winter storms in the U.S. will climb well above $2.5 billion in 2014, double the annual average over the previous two decades. You can thank the polar vortex for much of the ...
AmTrust Makes Offer for Specialty Auto Insurance Co.
AmTrust Financial Services will snatch up CorePointe Insurance Co., a deal intended to give it a better roster of specialty commercial auto insurance products. Neither side is disclosing financial ...
A.M. Best: Workers Compensation Numbers Improved in 2013
While workers compensation continues to face heavy competition and low investment returns, we have good news to tell you. The industry's combined ratio dipped nearly 12 percent from 2012 to 2013, ...