Personal Lines
Know Your Data and Other Cyber Risk Reduction Tips From Travelers and Symantec
With data breaches and business interruptions stemming from cyber-attacks now a significant worry for companies, there's one thing they can do to fight back: know their data. Travelers and cyber ...
Allstate’s Q1 Profit Soars; Auto Line Pricing Improvement Progresses
Allstate saw its first quarter profit take a big jump this year to $666 million, up from the $217 million reported for the first quarter of 2016. Total revenue of $9.4 billion in the first quarter of ...
Warren Buffett Preps for Massive Berkshire Hathaway Annual Meeting on Saturday
As the United States adapts to the presidency of Donald Trump and faces rising tensions abroad, Berkshire Hathaway Inc shareholders will descend on Omaha, Nebraska this weekend seeking reassurance, ...
Insurer Investors Stymied by Complex Solvency II Reporting Requirements: Willis Towers Watson
The insurance sector is at risk of being further marginalized by investors because performance reporting has become more complicated as a result of Solvency II, according to a report published ...
Erie Insurance Tops J.D. Power’s Annual Auto Insurance Customer Ranking for 5th Straight Year
For the fifth consecutive year in a row, Erie Insurance came in first in J.D. Power's annual ranking of auto insurance customer service. Erie Insurance's score of 879 out of a possible 1,000 comes as ...
Q1 InsurTech Venture Funding Plunged, as Companies Advanced to Product Stage
InsurTech venture funding plunged 64 percent in the 2017 first quarter compared to the previous year, but the reason for the drop may actually be quite positive, according to a new Willis Towers ...
Canada P/C Giant Desjardins Seeks Acquisitions
Desjardins Group is looking to acquire insurers, wealth managers and payments firms to expand further outside Quebec and challenge the dominance of Canada's big financial services firms, Chief ...
The Hartford CEO Swift Open to Larger Acquisitions That ‘Accelerate’ Existing Growth Plans
The Hartford Chairman and CEO Christopher Swift said he remains interested in potential acquisitions – even large ones – less than a year after completing a noteworthy M&A deal in mid-2016. ...