Commercial Lines
CNA Brings on New Senior VP For Healthcare
CNA Financial Corp. has hired on a new senior vice president for its healthcare sector segment. Glen Curley will take over the slot as of Feb. 23. He replaces Andy Shapiro, who is stepping down due ...
Anthem Will Take Up to Two Weeks to Identify Hacked Customers
Anthem Inc., the second-biggest U.S. health insurer, said it's going to take about 10 to 14 days to figure out who was affected by a data breach and begin notifying those people. The individuals will ...
GEICO Wants to Expand Ridesharing Policy Nationally: CEO Nicely
Giant auto insurer GEICO plans to roll out its new ridesharing insurance policy across the country, according to the company's CEO. "We want to insurer Uber drivers," GEICO CEO Tony Nicely told Liz ...
Good Weather Helped Allstate’s Profit Beat Estimates; Massive Buyback Planned
Allstate Corp., the largest U.S. publicly traded seller of auto and home insurance, said it would repurchase as much as $3 billion of its stock as fourth-quarter profit exceeded analysts' estimates. ...
W.R. Berkley Sees a Q4 Dip in Net Income
W.R. Berkley Corp. reported a stellar fourth-quarter in terms of premium growth, but net income dipped at year-end due in part to investment return challenges. Berkley's 2014 Q4 net income is booked ...
AXIS CEO Benchimol Sticks to Script on $11B PartnerRe Merger Deal
Early on in the fourth-quarter earnings call for AXIS Capital Holdings Ltd., company president and CEO Albert Benchimol warned that he and his team would be able to say very little about a planned ...
Canada’s Intact Financial Nearly Doubled Quarterly P/C Profit
Intact Financial Corp, Canada's largest property and casualty insurer, reported a near-doubling in quarterly profit, driven by higher underwriting income as claims related to natural disasters fell. ...
Cyber Criminals Routinely Strike U.S. Brokerages and Advisers: SEC
U.S. brokerage firms and financial advisers are a routine target of cyber criminals and some have lost money as a result of fraudulent emails requesting transfers of client funds, the U.S. Securities ...