Personal Lines
PURE Wins A.M. Best Ratings Upgrade
The PURE Group of Insurance Companies won an A.M. Best ratings upgrade, thanks to its strong overall performance. Specifically, A.M. Best upgraded the financial strength rating to "A (Excellent)" ...
The 2018 Atlantic Hurricane Season: Still Unusually Quiet
Where are all the big Atlantic storms? A year ago, Hurricane Harvey made landfall in Texas, kicking off a parade of destructive storms that made 2017 the costliest Atlantic season ever. So far in ...
Zurich Insurance Begins Competition to Find Cutting-Edge InsurTech Collaborators
Zurich Insurance Group believes a competition will help it find cutting-edge startups and entrepreneurs with whom to collaborate in the InsurTech space. The Swiss insurer launched what it is calling ...
If You Want a Job, 63 Percent of Insurers Are Looking, Jacobson/Ward Study Found
A majority of insurance companies plan to hire additional employees in 2018, even as the industry's unemployment rate hovers at a record low and the labor market remains extremely competitive, ...
Employee Job Satisfaction Rises; Unhappiness Over Training, Bonuses, Promotion Is an Issue
Slightly more than half of U.S. employees claim to be satisfied with their jobs, a statistic to consider as Labor Day 2018 approaches. Specifically, 51 percent of U.S. employees said they are ...
H1 ILS Issuance Reached a Robust and Resilient $7.3B: Swiss Re
Insurance-linked securities continued at a healthy clip during the 2018 first half but failed to reach record levels hit last year, Swiss Re said in its latest report on the matter. H1 2018 ILS ...
California, Hammered by Fires, Plans for Many More Climate-Change Risks
Two-thirds of California's beaches may be washed away by the end of the century, according to the state's latest forecast. California's fourth statewide climate assessment details the increasingly ...
Watsa’s Fairfax Financial Donates $1M Toward Flood Recovery/Relief in India
Fairfax Financial Holdings Ltd. said it is donating $1 million toward relief and recovery involving the recent floods in Kerala, India. The donation will be primarily through the Red Cross. Prem ...