Commercial Lines
CNA’s Underwriting Income Grows; Trump Tax Cuts Also Help Q1 Results
CNA Financial Corp. benefited from the U.S. tax reform law in the 2018 first quarter, but the Chicago-based carrier also saw a steady gain in underwriting income. CNA booked $291 million in net ...
Executives On The Move at Markel and Guy Carpenter
Specialist insurer Markel International appointed a veteran underwriter to its Marine team. Guy Carpenter & Company promoted one executive and hired another for its Bermuda operations. *** Markel ...
The Hartford Soars, Thanks to Tax Reform, Lower Cat Costs, Higher Net Investment Income
The Hartford reported a big rise in net income for the 2018 first quarter, crediting factors for the gain such as higher overall underwriting results, lower catastrophe losses, a boost in net ...
UPDATED: Genetic Testing and Insurance Are Increasingly Intertwined
Can consumers and insurers come to a consensus about the appropriate role of genetic testing in insurance underwriting? That was the central question addressed by Anya Prince, associate professor at ...
U.S. Energy Industry’s Cyber Security Measures Are Woefully Lacking
How much is cyber security worth to the U.S. energy industry? Not a whole lot apparently. Two prominent security consultant firms estimate that energy companies, ranging from drillers to pipeline ...
Google Privacy Settlement, ‘Direct Compensation’ in Class-Action Suits to Get SCOTUS Scrutiny
The U.S. Supreme Court will use a privacy case involving Google to consider making it harder for companies to settle class-action lawsuits without providing direct compensation to those affected. The ...
With $3.6B in Global Cat Bond Issuance for Q1, Another Record Is Broken
Global catastrophe bond issuance broke a first-quarter record, come in at nearly $3.6 billion for Q1 2018 as the market expanded into new areas, Aon Securities said in its latest report. The $3.58 ...
The Latest Launches From Allianz and Liberty Mutual
Allianz Global Corporate & Specialty plans to start offering drone-safety products to insureds to help them manage drone-related risks, by way of a partnership with an Israeli company. Liberty ...