Commercial Lines
Kemper’s Produces Relatively Steady Q3
Kemper Corp's Q3 net income dipped slightly, though that decline would have been worse if not for after-tax gains in assessments and investments. The company reported $122.3 million in net income ...
CoreLogic Discloses Strategic Review That Includes Possible Sale
Data and analytics firm CoreLogic disclosed that its board is conducting a strategic review of its operations, with a goal of "maximizing shareholder value." That's a nebulous term that can end up ...
Federal Judge Dismisses Amazon Warehouse Workers’ COVID-19 Safety Lawsuit
A federal judge dismissed New York warehouse workers' lawsuit against Amazon, ruling that their allegations about the company's handling of the COVID-19 pandemic should have been brought to the ...
Arch Capital Revises Watford Acquisition Agreement, With Backing From Ex-Rival Enstar
Arch Capital Group Ltd. and Watford Holdings Ltd. announced a revised definitive agreement under which Arch will acquire all of the common shares of Watford for $35.00 per share, in an all-cash offer ...
Executives On The Move at AXIS, Chubb and Kemper
AXIS hired four new underwriters for its U.S. Management Liability team. Chubb named a new chief underwriting officer for its International Accident & Health unit. Kemper Corp.'s board of ...
What Makes a Great Underwriter in 2020?
During a recent interview, CM asked QBE North America Chief Underwriting Officer John Beckman, a former chief actuary and chief risk officer, to talk about the qualities of the best ...
Battle Over UK Business Interruption COVID-19 Test Case Continues Nov. 16
The UK Supreme Court will hear an appeal on Nov. 16 of the Financial Conduct Authority's (FCA) test case over which insurance companies should offer payouts to small businesses battered by the ...
CNA Turns a Q3 Profit; P/C Combined Ratio Surpasses 100
CNA Financial Corp. doubled its 2020 Q3 net income, thanks in part to higher investment returns and rate hikes in the P/C insurance division that increased more than 12 percent on average. Net ...