Personal Lines
Travelers CEO Schnitzer: Agents, Brokers Have a Place, Even With InsurTech Investments
Travelers Chairman and CEO Alan Schnitzer said that independent agents and brokers still have a place with the insurer even as it continues exploring InsurTech innovations for its operations. "Yes, ...
Travelers’ Q2 Dinged by Higher Cat Losses; Net Written Premiums Soar
The Travelers Companies, Inc. saw its net income dip and its combined ratio rise during the 2018 second quarter, due largely to a spike in catastrophe losses. Net income for the quarter came in at ...
China’s Anbang Insurance Reportedly Prepping to Sell $10B in Overseas Properties
China's Anbang Insurance Group Co Ltd is looking to offload overseas properties worth about $10 billion to shore up its balance sheet as part of a government-backed rescue, three people with ...
Executives On The Move at Tokio Marine HCC and GEICO
Tokio Marine HCC promoted a number of executives within its Specialty Group. GEICO promoted an up-and-coming executive on the East Coast. *** Tokio Marine HCC promoted a number of executives within ...
Cyber Attacks on Healthcare Providers Are on the Rise
Health-care providers and government agencies across the U.S. have seen an increase in cybersecurity breaches in recent months, exposing sensitive data from hundreds of thousands of people as the ...
Buffett’s Berkshire Hathaway Eliminates Restriction on Stock Buybacks
Berkshire Hathaway Inc on Tuesday eliminated a restriction on its ability to buy back its own stock, a change that could help billionaire Chairman Warren Buffett deploy more of the conglomerate's ...
New Butler U. Online Insurance Master’s Degree Billed as Way to Help Fill Talent Gap
Butler University's Lacy School of Business will introduce an online Master of Science in Risk and Insurance (MSRI) program. The Indiana-based university bills the offering as among the first of its ...
Travelers Proposes Using Current Auto Insurance Model for Autonomous Vehicles
Auto insurance should continue to be the primary compensation model for accident victims as the driving population transitions to and then fully adopts autonomous vehicles, according to the insurer ...