Personal Lines
$170 Million Charge Takes Chunk Out of CNA’s Q3 Net Income
CNA Financial Corp. saw a significant drop in net income during its 2019 third quarter as the insurer took a $170 million charge and its P/C combined ratio ticked higher. CNA booked $107 million in ...
Wildfire Fallout: State of Emergency and Historic Evacuation of California’s Wine Country
Fires burning out of control in northern California prompted an historic evacuation in the state's famed wine country, razed homes, shuttered freeways and prompted the governor to declare a state of ...
Limit Referral Hiring, Reduce Workplace Bias
Leaders looking to hire new employees have long used referrals to get the job done. But in an age when corporations are more sensitive and aware of the need to reduce bias in the workplace, limiting ...
The Latest Cyber Launches From Sompo International, Verisk and Guidewire
Sompo International Holdings has partnered with two companies to beef up its cyber risk management services for email security protection. Verisk rolled out an analytics product that aggregates cyber ...
Carrier Tech Investments Boost Customer Satisfaction With Auto Claims Process: J.D. Power
Customer satisfaction with the auto claims process has apparently reached record levels, thanks in no small part to carrier investments in the technology that serves the process. The 2019 J.D. Power ...
China’s Ping An Insurance Boosts Q3 Profit Through Investment and Banking Income Gains
Ping An Insurance (Group) Co., China's largest insurer by market value, said third-quarter profit jumped 50 percent thanks to higher investment returns and banking income. Net income rose to 31.9 ...
Startup Constellation Insurance Holdings Raises $500M to Invest in M&A, Demutualizations
Constellation Insurance Holdings, founded by industry veteran Anurag Chandra, former CEO of Prosperity Life Insurance Group, has partnered with Canadian institutional investors, Caisse de dépôt et ...
Executives On The Move at Nationwide, CLARA Analytics and CAS
Nationwide named its new chief marketing officer and beefed up the responsibilities of its chief strategy officer to cover innovation-related nitiatives. CLARA Analytics, a provider of artificial ...