Industry News
At RIMS 2015, Cyber Threats were High on the P/C Industry’s Priority List
The insurance industry is increasingly concerned about protecting clients against the growing and poorly understood problem of cyber threats, a group of underwriters and brokers told an audience of ...
Progressive, Chubb, W.R. Berkley Lead Pack of Solid P/C Investment Prospects: Morningstar
Progressive, Chubb and W.R. Berkley rise to the top of a property/casualty insurance sector that offers favorable opportunities for investors, Morningstar said in a new report. "We think the current ...
Beazley Grabs Former Hiscox Exec to Grow Miscellaneous Medical Business
Beazley Group brought on a former Hiscox executive to help expand its miscellaneous medical insurance capabilities. Christopher Dunlavy will be based in Beazley's Atlanta office. The miscellaneous ...
PartnerRe Bans Earnings Call Questions on EXOR’s $6.4B Bid
PartnerRe Ltd., the reinsurer that agreed to combine with Axis Capital Holdings Ltd., said it would refuse to answer questions on its first-quarter earnings call about the unsolicited $6.4 billion ...
P/C Industry Risks Underestimating Walmart, Google, Other Market Upstarts
Those with long careers in the insurance industry have seen newer entrants founder on the shoals of our business. Many well-intentioned outsiders don't understand the innate complexities of the ...
Genworth May Go Private and is Open to Selling Long-Term Care Unit
Life and mortgage insurer Genworth Financial Inc is considering going private and would be open to selling its long-term care insurance unit, among other strategic options, Chief Executive Tom ...
Allstate’s Esurance is Major League Baseball’s New Exclusive Auto Insurance Partner
Esurance has become Major League Baseball's exclusive auto insurance partner in a multiyear agreement that includes title sponsorship of the sport's new all-digital All- Star balloting. Neither MLB ...
The Hartford’s CEO Sees Tech Investment Spurring ‘Faster Growth’
Hartford Financial Services Group Inc. will continue to invest in technology and software in the months ahead as a part of its growth strategy, Chairman and CEO Christopher Swift said. "We are ...