Personal Lines
Allstate Readies Black History Month Ad Campaign; Nationwide Renews NFL Sponsorship
Allstate Insurance said it is gearing up for its annual Black History Month advertising campaign, an annual digital, social and radio effort known as "Worth Telling." This year, Allstate plans to ...
Trump’s Push to Streamline Government Places the FIO’s Future in Question
Under U.S. President Donald Trump, the Federal Insurance Office's future is far from certain. Created by the Dodd-Frank financial reform bill in 2010 and launched in 2011, the Federal Insurance ...
U.S. P/C Insurers Heading for 2016 Underwriting Loss: A.M. Best
The U.S. property/casualty industry will likely post a small underwriting loss for 2016 after three previous years of underwriting profits, A.M. Best said in a new report. A.M. Best's report ...
2017 Won’t be “Too Pretty” for U.S. P/C Insurance Earnings, S&P Warns
This year will be a turning point for the U.S. property/casualty (P/C) insurance sector, as rising claims outpace pricing and reserve releases materially decrease, but it will not be a "softer for ...
MAPFRE’s Castelo Takes Over as CEO for North America Operations
Spanish insurer MAPFRE Group has a new CEO for its North America arm, eight months after the changing of the guard was first announced. Alfredo Castelo is now president and CEO of MAPFRE U.S.A. Corp. ...
Travelers’ Q4 Profit Jumps Nearly 9 Percent; High Private Equity Returns Helped
Travelers Cos., the only property-casualty insurer in the Dow Jones Industrial Average, said fourth-quarter profit jumped 8.9 percent as investment income improved and the company recorded a gain ...
At Least 18 Dead Due to Storm Slamming U.S. South
A dangerous weekend weather system killed at least 18 people in the U.S. South, with Georgia officials reporting more than a dozen deaths on Sunday after severe thunderstorms and tornadoes buffeted ...
Verisk Expands Casualty Analytics Capabilities With UK Acquisition
Verisk Analytics now owns Arium, a British company focused on liability risk modeling and decision support. Neither side disclosed financial terms, but the acquisition is the latest in a series of ...