Personal Lines
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 ...
State Auto Risks Moody’s Ratings Downgrade
State Auto Financial Corp. might end up getting a ratings downgrade from Moody's Investors Service in the wake of news that it strengthened reserves by $72 million pre-tax in the 2014 fourth quarter. ...
Green Bonds Issuance is Soaring Despite Fuzzy Standards
Issuance of green bonds for companies working on battling climate change are booming, but investors say the label needs safeguards against bogus proposals that could sour retail buyers and wealth ...
Travelers Enjoyed Underwriting Gains and a Profit Boost in Q4
The Travelers Companies Inc. on Jan. 22 reported net income of $1.038 billion for the fourth quarter that ended on Dec. 31, 2014, up 5 percent compared to $988 million net income during the 2013 ...