Personal Lines
The Hanover’s Diversification Earns a Standard & Poor’s Ratings Upgrade
The Hanover Insurance Group got a ratings upgrade from Standard & Poor's, which cited continued strategies at the Massachusetts-based insurer designed to reduce risk and improve its bottom line. ...
CNA Advances Two Executives in Underwriting and Sales
CNA Financial Corporation has promoted two executives to new positions in underwriting and sales. The country's seventh largest commercial insurance writer (and 13th largest property/casualty ...
ACE CEO Greenberg: ‘We Are Looking Pretty Good’ Despite Strong Dollar
ACE Ltd. is in a position to be bullish about the vast majority of its 2014 fourth quarter results. The property/casualty insurance giant booked a sizable jump in underwriting income, growth in net ...
Post-Blizzard, Costs Are Mounting as New England Digs Out
Millions in the U.S. Northeast on Wednesday started digging out from a powerful blizzard that dumped up to 3 feet of snow and led to coastal flooding around parts the region, while largely bypassing ...
Risky Mortgage Bonds Returning Under a New Name
The business of bundling riskier U.S. mortgages into bonds without government backing is gearing up for a comeback. Just don't call it subprime. Hedge fund Seer Capital Management, money manager ...
MA, RI and ME Still Face Blizzard Conditions As Storm Continues
A U.S. blizzard swept past New York City and struck hardest at some 4.5 million people around Boston, dropping nearly three feet of snow in areas and triggering high tides that breached a seawall and ...
Smartphones and Tablet Devices: The New Cyber-Attack Weak Spots
Smartphones and tablet devices are the new weak spot in the battle against cyber-criminals, according to the head of computer security at Europe's biggest phone company. Businesses and governments ...
ISO & PCI: P/C Net Income, Profitability Takes a Dive Through Much of 2014
The first nine months of 2014 saw policyholders' surplus for the U.S. property/casualty insurance industry reach record levels. At the same time, net income after taxes declined substantially and ...