Commercial Lines
AIG Commercial P/C Profit Soars; $3.5B Stock Repurchase Planned
American International Group Inc. said it will repurchase another $3.5 billion in stock after first- quarter profit climbed 53 percent on gains at the unit selling property and casualty insurance to ...
PCI, NAMIC, AIA Urge Congress to Protect State-Based Insurance Regulatory Process
The Property Casualty Insurers Association, the National Association of Mutual Insurance Companies and the American Insurance Association are calling for Congress to ensure state-based insurance ...
Proactively Identifying and Managing Back Claims May Reduce Costs by 33%
A combination of sophisticated predictive analytics and early, expert medical assessment can significantly reduce the cost and duration of workers compensation back claims, according to new research ...
Driverless Cars Seen as Inevitable Game-Changer For Insurance and Transportation
Picture a work day that begins like this: You step out of your house and into a self-driving vehicle, which carries you comfortably and safely to your office while you read the newspaper. After ...
At RIMS 2015, Cyber Threats were High on the P/C Industry’s Priority List
The insurance industry is increasingly concerned about protecting clients against the growing and poorly understood problem of cyber threats, a group of underwriters and brokers told an audience of ...
Progressive, Chubb, W.R. Berkley Lead Pack of Solid P/C Investment Prospects: Morningstar
Progressive, Chubb and W.R. Berkley rise to the top of a property/casualty insurance sector that offers favorable opportunities for investors, Morningstar said in a new report. "We think the current ...
P/C Industry Risks Underestimating Walmart, Google, Other Market Upstarts
Those with long careers in the insurance industry have seen newer entrants founder on the shoals of our business. Many well-intentioned outsiders don't understand the innate complexities of the ...
The Hartford’s CEO Sees Tech Investment Spurring ‘Faster Growth’
Hartford Financial Services Group Inc. will continue to invest in technology and software in the months ahead as a part of its growth strategy, Chairman and CEO Christopher Swift said. "We are ...