Personal Lines
Massive Winter Storm Predicted, From Florida to Canada
The worst winter storm of the season threatens to bring snow, ice and cold from Nova Scotia to Florida, including a foot or more in Boston and a few inches in Manhattan. Winter storm warnings and ...
Belgium’s Ageas Sells Stake in Italian Insurer to BNP for $213.6M
Brussels-based insurer Ageas on Dec. 29 completed the sale of its stake in Italian bancassurer Cargeas Assicurazioni (CARGEAS) to BNP Paribas Cardif for $213.6 million in cash. Ageas and BNP Paribas ...
Widespread Reinsurance Price Hikes Unlikely Even After Record 2017 Catastrophe Losses: Willis Re
The estimated $136 billion in catastrophe loss estimates for 2017 is one for the record books. But resulting, widespread reinsurance price hikes in 2018 aren't likely, Willis Re said in a new report. ...
15 Nasty Weather Events Through October 2017 Cost $1B or More Apiece
In the year that President Donald Trump pulled out of the Paris accord and downplayed global warming as a security threat, the U.S. received a harsh reminder of the perils of the rise in the planet's ...
While P/C Insurers Stand to Gain From Trump Tax Cuts, Reaction Not All Rosy
Many insurers and insurance agencies will gain big from the massive tax reform package passed by Congress just before Christmas. Many industry groups celebrated the bill's passage and its ...
Utica National Joins Billion-Dollar Direct Written Premium Club for First Time
Utica National Insurance Group has announced that it has become a billion-dollar company for the first time in its nearly 104-year history. The company surpassed $1 billion in direct written premiums ...
Carrier Management’s Top 10 News Stories of 2017
Carrier Management's top 10 2017 news stories involved some interesting industry developments. AmTrust had some accounting issues, since resolved, that drew significant reader interest. Former AIG ...
A Look Back at Carrier Management’s Top Features of 2017
For Carrier Management's most popular features of 2017, one thing is clear: Our readers, confronted with major technological changes in the property/casualty industry, are trying to figure out what ...