Personal Lines
Wells Fargo Will Pay $50M to Settle Suit Over Homeowners Fees
Wells Fargo & Co has agreed to pay $50 million to settle a racketeering lawsuit accusing it of overcharging hundreds of thousands of homeowners for appraisals ordered after they defaulted on ...
Global Warming Could Turn Southern Spain Into Desert: Study
Southern Spain will become desert and deciduous forests will vanish from much of the Mediterranean basin unless global warming is reined in sharply, according to a study released Thursday. ...
Super Regional Carrier Rises With Proposed BrickStreet Mutual/Motorists Mutual Affiliation
BrickStreet Mutual Insurance and Motorists Mutual Insurance Co. announced they have begun to formalize an affiliation agreement between the two companies. By affiliating, the insurers said they'll ...
CNA Investment Income Gains Stand Strongly in Steady Q3
CNA Financial Corp's Q3 went very well for the insurer, which is slated to get a new CEO on Nov. 21. Net income soared, thanks to investment gains, catastrophe losses were relatively stable, and the ...
The Hartford Performs Well in Q3, Despite Continued Personal Lines Challenges
The Hartford's net income grew by double digits in the 2016 third quarter, buoyed by strong commercial lines results. Personal lines, on the other hand, produced a big underwriting loss, thanks to ...
Executives On The Move at The Hartford, Willis Towers Watson and Renaissance Re
Willis Towers Watson has made a number of executive leadership changes. The Hartford has a new head of multinational underwriting. RenaissanceRe's finance arm has experienced several new leadership ...
Central Italy Slammed by Series of Strong Earthquakes
A series of strong earthquakes hit central Italy on Wednesday, striking fear among residents still rattled by a deadly tremor in August, but there were no reports of casualties. A quake measured at ...
Post-Merger Chubb Scores in Q3 Net Income, Combined Ratio
The world's largest publicly traded property/casualty insurance company, Chubb Limited, reported net income for the quarter ended Sept. 30, 2016 of $1.36 billion, or $2.88 per share, compared with ...