Personal Lines
Kemper’s Q1 Pre-Tax Cat Losses Could Reach $45M
Kemper Corp. disclosed that its pre-tax catastrophe losses will hit between $35 million and $45 million for the 2016 first quarter. What's more, the Chicago-based insurer said it doesn't expect to ...
Travelers CEO Schnitzer Urges Congress to Reduce Corporate Taxes
Alan Schnitzer, the new chief executive officer of insurer Travelers Cos., called on U.S. lawmakers to reduce corporate taxes or risk harming business in country. "We continue to see the U.S. ...
The Latest Launches From Chubb, Beazley, Markel and ISO
Chubb rolled out its new healthcare industry practice. Beazley unveiled breach response insurance in Canada. Markel International launched a policy that offers comprehensive protection for financial ...
Uber Will Pilot Use of Progressive Insurance to Cover Texas Drivers
Uber Technologies Inc will use Progressive Insurance to provide coverage for drivers in Texas beginning on April 1, in a pilot that could lead the ride-hailing market leader to diversify its U.S. ...
Allstate’s Esurance ‘Unveils’ Election Day Insurance (Giggle)
Allstate's Esurance is using the convergence of a volatile and unpredictable election year and April Fools' Day to have a little fun. The fun comes in the form of Esurance's (pretend) new Election ...
Zurich Insurance Chairman Insists Overhaul Will Lead to Better Results
Zurich Insurance Group AG will see improving results this year after taking steps to cut costs and overhaul units following unexpected losses at its general insurance unit, according to Chairman Tom ...
Tianjin Explosions Top 2015 Insured Losses With Estimates Up to $3.5B: Swiss Re
Overall, 2015 was a below-average year for disaster losses, according to the latest sigma study from Swiss Re. Swiss Re counted 353 disaster events in 2015, with total economic losses of $92 billion, ...
Cyber Risk and Low Interest Rates are Top Insurer Worries: A.M. Best
Cyber risk has emerged as a top insurance industry concern, though the low interest rate environment remains as a significant worry, A.M. Best found in a new report. Thirty-one percent of respondents ...