Personal Lines
OneBeacon’s Q3 Results Disappoint; CNA’s Investment Income Plunges
OneBeacon's third-quarter results disappointed; CNA's numbers were mixed to positive, though its investment income took a big hit. Here are the details: *** OneBeacon Insurance Group saw its ...
ACE Names Some Chubb Execs to Post-Merger North America Insurance Arm
ACE Ltd., on track to acquire The Chubb Corp. in a $28 billion deal, has named more executives to the post-merger leadership team for its North America Insurance division. The appointments include ...
Japanese Car Makers Feeling the Heat of Disrupters Google, Apple
The days of cheap and cheerful cars like the Honda Civic and Toyota Corolla may be numbered as technology firms Google and Apple muscle into the auto industry, and change the way people own and drive ...
British Insurance Premium Tax Hike Worsens Situation for General Insurers
A tax hike on British motor and home insurance policies effective from Sunday is set to hit consumers and could trigger a fresh round of margin-squeezing price competition among general insurers. The ...
Swiss Re’s Estimated Tianjin Explosion Claims Hit: $250M
Swiss Re said that the Tianjin explosion in China will leave it with an approximately $250 million claims burden, but news of the claims hit didn't mar an otherwise solid 2015 third quarter. The ...
Allstate Names New President of Encompass Division
The Allstate Corp. has named Mark Green as president of the Encompass insurance companies. Green was previously president of Allstate Dealer Services and Ivantage Select Agency Inc. He will report to ...
Using Hands-Free Technology While Driving Is ‘Surprisingly’ Risky: AAA Research
Mental distractions can persist for as long as 27 seconds after dialing, changing music or sending a text using voice commands, according to new research on distracted driving. Drivers using phones ...
The Hanover Temporarily Brings Back Former CFO After Greenfield’s Death
The Hanover Insurance Group brought back a former chief financial officer company to serve as interim CFO, a move made necessary due to the unexpected death of his predecessor earlier in October. ...