Personal Lines
Louisiana Citizens Starts Home Depot Claims Program
Louisiana Citizens Property Insurance Corp. will connect its policyholders with experienced, licensed and insured local contractors in a program with Home Depot. The state's property insurer of last ...
GEICO Led Personal Auto Pack in 2013 Premium Growth: SNL Financial
GEICO Corp. beat out its competitors in premium growth in 2013 and reported one of the best underwriting margins among the top 20 U.S. auto insurers. According to a report by SNL Financial, GEICO's ...
Risk of Landfalling Hurricanes Reduced as Upcoming El Niño Event Plays Out
The big news heading into the 2014 Atlantic hurricane season is the imminent arrival of what we think will be a significant El Niño event, the first such event since 2009. An El Niño event is a ...
Allstate’s Quarterly Profit Grows With Higher Insurance Premiums
Allstate Corp, the largest listed U.S. home and auto insurer, reported a better-than-expected quarterly profit as it earned higher insurance premiums across its businesses. Premiums earned at the ...
AIG’s Q1 P/C Results Dip, But Execs Promise More Even Year
Two years after repaying a U.S. bailout, American International Group Inc. faces another challenge: a big decline in net income and a dip in property/casualty insurance results during its 2014 first ...
Strong Euro and Spanish Storms Batter MAPFRE’s Earnings
MAPFRE SA, Spain's biggest insurer, said first-quarter earnings fell 17 percent as the euro's strength limited growth in premiums and winter storm claims weighed on profit in its home market. Net ...
Berkshire Primary Ops Show Double-Digit Profit, Premium Gains in Q1
Berkshire-Hathaway's primary property/casualty operations recorded double-digit gains in premiums and pre-tax earnings in the first quarter, but P/C reinsurance results contributed to a 6.6 percent ...
‘Boom or Bust’ Tornado Seasons Baffle Meteorologists
Something strange is happening with tornadoes lately in the United States and it's baffling meteorologists. It's either unusually quiet or deadly active. Until the latest outbreak in late April, the ...