Personal Lines
States Graded ‘A’ to ‘F’ for Weather Preparedness
Many states across the country are unprepared to face the risks posed extreme heat, drought, wildfires, inland flooding, coastal flooding and other extreme weather events, according to a new report ...
Zurich Exiting P/C Business in Middle East
Zurich Insurance Group Plc said it will stop writing general insurance business in the Middle East at the end of month because of the "limited potential" for profitable growth. The decision to exit ...
Pre-Climate Conference Report: Rate of Weather Disasters Doubled in 20 Years
Weather-related disasters such as floods and heatwaves have occurred almost daily in the past decade, almost twice as often as two decades ago, with Asia being the hardest hit region, a U.N. report ...
ACE/Chubb Merger Effort Ramps Up Exec Appointment Announcements
In the months following ACE Ltd.'s surprise July announcement that it would acquire Chubb for $28 billion, what began as a trickle is now a flood. Specifically, ACE's announcements of its post-merger ...
Executives On The Move at Markel, Kemper, Validus and State Auto
We have a changing of the guard to tell you about involving the leadership at Markel Corp., Kemper and Validus Holdings. Meanwhile, the new leader of State Auto Financial Corp has been named chairman ...
ACE Discloses New Round of Post-Chubb-Merger Appointments
ACE Ltd. disclosed yet another slate of executive appointments, most of which become effective after its $28 billion merger with Chubb closes in the 2016 first quarter. Among them is John Keogh. He's ...
Just 4 Percent of Millennials Say They Want Insurance Careers: The Hartford Survey
As property/casualty insurers continue a quest to attract younger, millennial employees, a new survey underscores how difficult their task continues to be. Just 4 percent of millennials see insurance ...
Allstate’s October Pre-Tax Cat Losses Hit $172M
Allstate Corp. reported $172 million in estimated pre-tax catastrophe losses for October, stemming in part from higher than anticipated reported claims during the winter in early 2015. Broken down, ...